Why Kohl's Stock Crashed 26% on Thursday

If you're looking for a generous dividend stock, Kohl's could be it -- and it just got a lot cheaper. Kohl's Corporation (KSS -25.91%) stock imploded Thursday morning -- down 26.3% through 10:15 a.m. ET - - after reporting a big net loss where investors had expected a profit. Heading into the first quarter, analysts forecast Kohl's would earn $0.04 per share on sales of$3.3 billion. Both predictions represented declines from Kohl's Q1 2023 report, but the news was even worse than expected. Kohl's didn't ea ...