Thread regarding Kohl's (KSS) stock

Discount strategy is working so well the stock is tanking

Kohl's has been running a huge sale, up to 50% off, and the stock dropped on the news. The market obviously thinks the deep discounts will crush margins. So the company has been basically telling us they have to practically give stuff away to get people in the door, and investors have been running for the exits. The dividend is still there for now, but how long can that last if they are just bleeding money on every sale? Does it make any sense to hold on to this?

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