Kohl's roars back in Q1, but 2021 outlook spooks Wall Street
By ANNE D'INNOCENZIO, AP Retail Writer NEW YORK (AP) — Kohl's raised its financial outlook for the year on Thursday, after a solid rebound in the first quarter from the devastating impact of the pandemic. But those raised expectations fell short of what many industry analysts had been projecting and shares plunged nearly 11% Thursday. During a conference call, Kohl's explained that it it took into