“A cloud of confusion has hung over retail in recent days, after disappointing holiday earnings from Macy’s and Kohl’s sent stocks “reeling,” and gave “investors 2019 jitters.”
Outperform rating. But because those numbers weren’t as impressive as a year earlier, its stock took a dip. Kohl’s also posted same-store sales growth, but by just 1.2%, creating a stark contrast from its more impressive numbers a year earlier. The retailer has now announced some store closures.
