$KSS Cutting Forecasts… Can Kohl’s Catch a Break?
$KSS Cutting Forecasts… Can Kohl’s Catch a Break?
Yo, is kinda struggling out here. They cut that full-year sales forecast again because shoppers ain’t really vibing with the higher prices and weak holiday traffic. Folks walking into Kohl’s are just grabbing essentials, not loading up carts like before. The company is trying to spin it like they’ll bounce back with better promos and tighter inventory, but right now it’s basically a “do more with less” mission. If they don’t figure out how to bring heat like and on deals and loyalty rewards, the slump might get even messier. Still, any small win or turnaround plan could give the stock a little spark for traders looking for a rebound play. What do you think, comeback or nah?
Kohl’s really fighting for its life rn 😭 let’s see if they bounce back.
The season is indeed slow but I think it'll catch up pace. Nothing particularly concerning.