Kohl's (KSS) became the latest retailer to offer a downbeat outlook for 2025 as growing uncertainty weighs on consumers in the world's biggest economy, sending its stock tumbling on Tuesday.

The department store chain's earnings for the ongoing year are projected between $0.10 to $0.60 a share, below the $1.09 EPS projected by three analysts in a FactSet poll. Last year, net income was $0.98 a share, and $1.50 on an adjusted basis.

Kohl's expects full-year net sales to be down 5% to 7%, after a 7.2% drop in fiscal 2024. Comparable sales, which dropped 6.5% last year, are projected to fall 4% to 6%. Kohl's shares plunged 19% in regular trading Tuesday, bringing its 2025 slide to 30%.

"We have identified key areas of focus and are taking action in 2025 to reposition Kohl's for future success," Chief Executive Ashley Buchanan said in a statement. "I am confident that the areas we identified will deliver on what customers want and expect from Kohl's."

Kohl's outlook comes as retailers face growing concerns over the impact of tariffs, job cuts and inflation worries. Target (TGT) recently warned of "meaningful" pressure on first-quarter profit, and earlier Tuesday, Dicks Sporting Goods (DKS) forecast slower comparable sales growth this year amid a "dynamic macroeconomic environment." Consumer confidence in the US slid last month, posting the largest drop since August 2021, according to the Conference Board.

For the just-ended quarter, Kohl's adjusted net income fell to $0.95 per share from $1.67 a year earlier, but that still topped the FactSet consensus among analysts of $0.73.

Sales for the 13-week period through Feb. 1 were largely in line with consensus at $5.18 billion, but were down from $5.71 billion a year earlier. The company said net sales in the prior-year quarter included roughly $164 million from the 14th week. Comparable sales decreased 6.7%, compared with the 6.8% decline modeled by four analysts.