Why Kohl's Corp (KSS) Stock Is Lower Before the Bell

NEW YORK (TheStreet) -- Kohl's Corp (KSS) stock is slipping in premarket trading after falling short of earnings and revenue estimates in its first quarter. 

Before market open, shares had tumbled 3.7% to $52.02. 

In its first quarter, Kohl's earned 60 cents a share, 2 cents below consensus according to analysts surveyed by Thomson Reuters. Revenue of $4.07 billion fell 3.1% year over year, missing forecasts of $4.22 billion.

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TheStreet Ratings team rates KOHL'S CORP as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:

"We rate KOHL'S CORP (KSS) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income."

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