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Jim Cramer says ‘Kohl’s is just roadkill’ after ‘terrible’ holiday sales

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CNBC’s Jim Cramer slammed Kohl’s on Thursday after the embattled retailer reported a disappointing same-store sales decline during November and December and warned on outlook.

“Kohl’s is just roadkill,” Cramer said on “Squawk on the Street.” “I’m speechless … I’m as quiet as the registers at Kohl’s.”

Kohl’s did not immediately respond to CNBC’s request for comment.

Shares of the department store were down nearly 10% on Thursday to under $45 each around midday. That’s only about 3% above the 52-week low of $43.33 in August.

Over the past 12 months, Kohl’s stock fell more than 35%, compared with the S&P 500‘s 26% advance over the same time period.

Kohl’s, which also lowered its full-year…



Source cnbc.com

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