Kohl's Corporation (NYSE: KSS) experienced a significant pre-market plunge of 11.22% on Tuesday, as investors reacted ahead of the company's fourth-quarter earnings release scheduled before the opening bell.

The retailer is expected to report quarterly earnings of 85 cents per share, down from 95 cents per share in the same period last year. Revenue is anticipated to be $5.03 billion, a decline from the $5.40 billion reported a year ago. The stock had already declined 2.7% in after-hours trading on Monday, indicating building negative sentiment.

Market participants appear to be positioning cautiously ahead of the official results, with the pre-market selloff suggesting concerns about Kohl's ability to meet or exceed these lowered expectations amid challenging retail conditions.