Kohl’s stock plummets 20% after massive earnings miss

Kohl’s stock plummets 20% after massive earnings miss

Shoppers walk in front of a Kohl’s store in Mount Kisco, New York.

Scott Mlyn | CNBC

Kohl’s shares plummeted more than 20% in premarket trading Thursday after the company posted a surprise loss per share, coming in well below Wall Street’s expectations for a slight profit.

Here’s how Kohl’s did in its fiscal first quarter compared with what Wall Street was expecting, according to a survey of analysts by LSEG:

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