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Shares of Kohl's ( KSS ) are tumbling 15% in premarket trading Tuesday after the struggling retailer's forecasts for fiscal 2025 fell short of analysts' expectations.

For fiscal 2025, Kohl's forecast net sales to fall 5% to 7%, comparable sales to fall 4% to 6%, and earnings per share (EPS) between $0.10 and $0.60. Analysts were looking for 2025 net sales to decline by about 2%, comparable sales to decline by 1.83%, and EPS of $1.26, according to Visible Alpha data.

The department store chain's fourth quarter results were mixed, with profits lagging analysts' projections. It posted EPS of $0.43 on net revenue of $5.4 billion. (After adjusting for one-time costs like store closures, Kohl's adjusted EPS of $0.95 topped estimates.) Analysts polled by Visible Alpha had expected $0.71 and $5.38 billion, respectively. Last year, Kohl's registered profit of $1.67 per share and sales of $5.96 billion.

Comparable store sales fell by 6.7%, a bit better than the 6.9% decline that analysts had projected.

Kohl's missed estimates last quarter , when its said craft store chain Michaels Cos. CEO Ashley Buchanan would be replacing Tom Kingsbury as chief executive.

Kohl's shares entered the day down about 55% over the last 12 months, recently hitting their lowest point in five years.

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