Kohl's shares fell sharply on Tuesday after the company's earnings missed Wall Street estimates and following its announcement that CEO Tom Kingsbury will step down in January. The weak forecast underscores an uncertain holiday season for the retail sector ...

Kohl's on Tuesday said it expects sales to be down 7-8% for the year, which is the third quarter in a row the company has changed its expectations on its performance The Menomonee Falls-based retailer reported a profit of $22 million for the quarter,

KEY TAKEAWAYS Kohl's stock is plummeting 17% in premarket trading after it reported weaker-than-expected third-quarter earnings Tuesday, the day after it announced that CEO Tom Kingsbury would stepping down after less than two years running the struggling retailer.