Kohl's sales miss estimates as shoppers trim spending on non-essentials


Kohl's posted a bigger-than-expected drop in quarterly sales on Tuesday as cost-conscious shoppers chose to spend less at its department stores amid still high inflation, sending its shares down more than 4% before the bell.
American shoppers have continued to defer non-essential purchases and instead spend more dollars on essentials as resumption of student loan repayments,…

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