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Kohl's shares tumble as sales fall short

By: Decomposed in ROUND | Recommend this post (0)
Thu, 01 Dec 11 6:00 PM | 55 view(s)
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Dec. 1, 2011, 9:03 a.m. EST

Kohl's shares tumble as sales fall short

By Laura Mandaro KSS

NEW YORK (MarketWatch) -- Kohl's Corp. said November sales at stores open at least one year fell 6.2% from the year-ago month. Analysts polled by Thomson Reuters forecast a 2% rise in same-store sales. Total sales fell 4.5% to $1.93 billion. The department-store chain's CEO Kevin Mansell called the November sales "disappointing." Shares fell 7% in premarket trading.

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

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