44.00 0.00 (0.00%)
Pre-market: 8:22AM EST
|Bid||43.78 x 900|
|Ask||44.01 x 1800|
|Day's range||43.18 - 44.33|
|52-week range||42.50 - 75.91|
|Beta (5Y monthly)||0.95|
|PE ratio (TTM)||10.13|
|Earnings date||02 Mar 2020|
|Forward dividend & yield||2.68 (6.09%)|
|Ex-dividend date||09 Dec 2019|
|1y target est||47.19|
Kohl’s (NYSE: KSS) today announced a donation of more than $2 million to the American Cancer Society, over three years, to support the enhancement and continuation of the Kohl’s Healthy Families program. Established in 2015, this program supports the reduction of cancer risk for families in Southeastern Wisconsin by increasing access to healthy foods and improving opportunities to become more active through community education, collaboration and engagement.
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Kohl’s Corporation (NYSE: KSS) today announced that its Board of Directors increased the size of the Board to twelve members and appointed Yael Cosset to fill the new Board seat effective February 2, 2020. Cosset has been appointed to a term expiring at Kohl’s 2020 annual shareholders meeting and will be standing for election by Kohl’s shareholders at that time. He will initially serve on the Board of Directors’ Governance and Nominating Committee.
Kohl’s (NYSE: KSS) announced today, in support of its overall commitment to family health and wellness, a donation of over $500,000 in grants to 25 deserving nonprofit organizations in the Greater Milwaukee Area. The grants, made possible through Kohl’s Hometown Giving Program, range from $2,500 to $50,000 and will help the recipients continue in their missions of serving local families in the Milwaukee community.
Kohl’s (NYSE: KSS) is inviting young readers and their families to spring into the newest Kohl’s Cares collection, featuring books and coordinating plush from award-winning author and illustrator Lane Smith. Storytime will take little ones on adventures across snowy tundras, through vast oceans, and into wild jungles as they venture into a world of imagination.
With earnings season in full swing, investors start to get some reports about the most recent holiday sales. We break it down to understand whats going on in the retail industry.
Shares of JC Penney closed below $1 recently, and if the stock continues to close below $1 for 30 days it risks being delisted by the NYSE.
Kohl’s (NYSE: KSS) announced today, in support of its overall commitment to family health and wellness, a donation of $750,000 to Hunger Task Force, ensuring a steady supply of healthy food to Milwaukee-area families. Through Kohl’s donation and the expansion of the Hunger Task Force MyPlate program – a healthy eating model based upon USDA nutrition recommendations – the nearly 50,000 Milwaukee-area residents Hunger Task Force serves monthly will be provided the right types and portions of foods to consume daily to improve their health and wellness. Additionally, Kohl’s donation will support Hunger Task Force in converting nearly 10 additional pantries in the Hunger Task Force network to MyPlate pantries, increasing the total number of MyPlate pantries to 45.
Retailers best do a better job of embracing technology in the next decade than they did in the past 10 years. Yahoo Finance speaks with Microsoft CEO Satya Nadella about the future of retail.
Boot Barn's (BOOT) preliminary results for Q3 reflect growth in earnings, sales and same-store sales. Additionally, the company posts same-store sales for the November-December period.
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Kohl's (KSS) holiday period comps drop 0.2% year over year. The company now envisions fiscal 2019 earnings to come at the lower end of its previously guided range.
Why all three major U.S. indexes surged to new highs Thursday. A look at the global economic outlook for 2020, department store worries, and more. And why Sanderson Farms, Inc. (SAFM) is a Zacks Rank 1 (Strong Buy) stock right now...
(Bloomberg Opinion) -- Kohl’s Corp.’s holiday season sales miss suggests even the most promising turnaround strategies won’t be enough to save department stores.Shares of Kohl’s fell as much as 9.4% in early trading on Thursday after the company said same-store sales in the all-important November and December period declined. Kohl’s blamed the 0.2% sales drop on softness in women’s apparel, which CEO Michelle Gass said the company is “working with speed to address.” She promised to share additional details on key growth initiatives at an investor day scheduled for March. Credit to Kohl’s for realizing it needs to do more, but there’s still a sense of deja vu here.Kohl’s went into the holiday season promising it would see the benefits of both a “record level of newness” in its product selection and an effort to drive more traffic in its stores by accepting returns for Amazon.com Inc. My colleague Sarah Halzack warned in October that the holiday rush would be a key test of how much traction these initiatives were actually getting and that the lack of a payoff would lead to many unhappy investors and serious doubts about how feasible a comeback for Kohl’s really is.In some ways, you could argue those strategies did give Kohl’s a leg up over its peers. Macy’s Inc.’s said earlier this week that comparable sales at owned and licensed stores in November and December dropped 0.6% despite its own turnaround initiatives, while J.C. Penney Co. on Thursday reported a 5.3% percent plunge in the nine-week period ended Jan. 4, after adjusting for its exit from major appliances and in-store furniture. But if, after throwing everything it had at a better holiday season, all Kohl’s has to show for itself is a relatively less-bad decline, that doesn’t bode well.The softness in women’s retail is particularly troubling. Among the new offerings Kohl’s rolled out for the holiday season was an exclusive women’s line from designer Jason Wu and a partnership with Mary-Kate and Ashley Olsen for their Elizabeth and James-branded apparel, handbags and accessories. It’s not clear if customers just weren’t interested, or were turned off by poor, cluttered store displays, or Kohl’s just couldn’t get them in the door to take a look, even with the Amazon program. Cowen analyst Oliver Chen cut his rating on Kohl’s to “market perform” ahead of the holiday sales release on concerns about its performance in women’s apparel, among other things. He warned that customer recognition and uptake of Kohl’s initiatives may take time. But time is the commodity Kohl’s has the least of, with companies such as Target Corp. and TJX Cos. taking away market share that will be difficult to win back.While Gass cited “momentum” in categories like activewear and beauty and “solid performance” in footwear and men’s, it’s no longer clear what counts as momentum and solid for Kohl’s after such a long string of disappointments. The company also warned on Thursday that 2019 earnings would come in at the low end of its guidance, suggesting that the sales it did get came via increased promotions.Kohl’s went into the holiday season as the best-positioned to succeed among a group of struggling department stores. It exits it as just one of the pack.To contact the author of this story: Brooke Sutherland at firstname.lastname@example.orgTo contact the editor responsible for this story: Beth Williams at email@example.comThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Brooke Sutherland is a Bloomberg Opinion columnist covering deals and industrial companies. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Kohl’s Corporation (NYSE:KSS) today reported that its comparable sales for fiscal November and December 2019 combined (the "holiday period") decreased 0.2% over the same period last year.