Why Kohl's, Children's Place, and VF Corp. Stocks All Sank Today
Kohl's (NYSE: KSS) is crashing 8.2%. Foot Locker reported only an 11% decline in sales for Q1 2023 -- worse than expected, but not devastatingly so. Sales have "softened meaningfully, given the tough macroeconomic backdrop," warned CEO Mary Dillon.