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• KSS 67% Rate It

Retail giant Kohl's Corporation ( KSS ) on Thursday posted a downturn in June same-store sales and offered a tepid second quarter earnings outlook.

The Menomonee Falls, MN-based company reported a 4.2% decline in June same-store sales. Same-store sales are a key metric used to measure a retailer's performance, since they only take into account sales at stores open at least one year.

Meanwhile, total sales fell 2.6% from last year.

CEO Kevin Mansell commented, "Though June sales were again lower than expectations, we are encouraged by improved sales in the latter weeks of the month as we continued to build inventory levels. From a line of business perspective, Men's and Footwear were the strongest categories. The Midwest was the strongest region."

Looking ahead, KSS said it now expects second quarter earnings to come in at the low end of its previously-announced forecast of 96 cents to $1.02 per share.

Kohl's shares fell 41 cents, or -0.9%, in premarket trading Thursday.

The Bottom Line

Kohl's Corporation ( KSS ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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