Kohl's Full-Year Profit Outlook Falls Short, Sending Stock Down

Shoppers carry Kohl's Corp. bags in Chicago, Illinois, U.S., on Sunday, Nov. 6, 2016.Photographer: Christopher Dilts/Bloomberg

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By Hema Parmar

November 20, 2018 at 12:57 PM UTC

This article is for subscribers only.

Kohl’s Corp.’s earnings forecast for the year failed to impress, adding to the long list of U.S. retailers that disappointed ahead of the holiday season. The shares sunk 8.2 percent in pre-market trading, amid a rout in global equities.