Kohl's Corp. (KSS) reported a 4.2% decline in May comparable store sales Thursday morning. The company now expects second quarter comparable store sales to be modestly negative.
Kohl's gapped open sharply lower Thursday and fell in the first half hour of trade. The stock ended the session down by 3 points at $45.82 on above average volume. Kohl's sank to a 4-month low.
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