Kohl's Corporation (KSS) saw its stock price plummet by 5.06% in Friday's trading session, following the release of its first-quarter earnings report. The significant drop suggests that the company's financial results may have fallen short of investor expectations.

The department store chain was scheduled to report its Q1 earnings on Thursday, with analysts expecting a loss of $0.25 per share. While the exact figures from the earnings report are not provided, the sharp decline in stock price indicates that Kohl's may have reported worse-than-expected results or provided a disappointing outlook for the coming quarters.

This negative market reaction highlights the ongoing challenges faced by traditional retailers in a rapidly evolving retail landscape. Investors will be closely watching Kohl's future performance and strategic initiatives as the company navigates through a competitive retail environment and changing consumer preferences.