Our Retail analyst Brian McGough elevated Kohl's (KSS) to a top short during a Black Book call with institutional customers on April 29. Shares of Kohl's were trading north of $72.
"Math matters," he wrote just before the call. "It's not pretty. Elevating KSS to top Short."
The stock completely tanked this morning after Kohl's announced earnings. Needless to say, the results were not good. KSS is trading around $57 right now.
Here's one slide from McGough's Black Book last month.
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