Kohl’s stock surged by 24% after releasing better-than-expected earnings and revising its full-year forecast. Despite this, structural challenges like same-store sales declines persist, raising questions about the sustainability of the rally. The company’s Q2 earnings beat expectations, with adjusted EPS at $0.56, but net sales and comparable-store sales declined. Strategic drivers like proprietary brands and Sephora sales helped offset weaknesses. Kohl’s upgraded its full-year guidance, but analysts remain cautious, with a consensus “Moderate Sell” rating and an average price target of $7.83, implying a potential downside of 48%.

Read more at Yahoo Finance: Should You Buy the Post-Earnings Pop in Kohl’s Stock?