KSS - Kohl's Corporation
| Previous close | 20.61 |
| Open | 20.52 |
| Bid | 21.05 x 3100 |
| Ask | 21.19 x 1100 |
| Day's range | 20.20 - 21.34 |
| 52-week range | 10.89 - 59.28 |
| Volume | 8,189,377 |
| Avg. volume | 11,291,714 |
| Market cap | 3.327B |
| Beta (5Y monthly) | 1.76 |
| PE ratio (TTM) | 37.86 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 17 Mar 2020 |
| 1y target est | N/A |
- Yahoo Finance
Macy's won't survive a second wave of COVID-19: top strategist
Is it bye-bye to Macy's if a COVID-19 second wave happens?
- Motley Fool
Plunging Sales Threaten J.C. Penney's Revival Hopes
The bankrupt department store chain is hemorrhaging sales, threatening its ability to restructure successfully.
- Motley Fool
How Kohl's Can Outlast Retail's Slump
Department store stocks are struggling, to say the least. Then stay-at-home orders that forced traditional retail stores to close amplified that painful trend. While department store footprints should and will shrink, I do not think they will entirely disappear -- the survivors will enjoy a less crowded and less competitive environment.
- Yahoo Finance
The harsh reasons behind GNC's and J.C. Penney's death
Another retailer has bitten the dust. Here's why a storied name such as GNC has filed for bankruptcy.
- Zacks
Why Is Kohl's (KSS) Up 41.1% Since Last Earnings Report?
Kohl's (KSS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Yahoo Finance
Target raises minimum wage to $15 an hour for store, distribution and headquarter employees
With the job market kicking back into gear after the worst of the COVID-19 pandemic, Target looks to attract new workers to meet demand.
- Yahoo Finance
Macy's may not exist in the future: former Sears exec
One former retail CEO weighs in on the future of Macy's.
- Motley Fool
Retailers Bring Explosive Gains to the Stock Market Today
Tuesday morning brought a big move up for the stock market, adding onto Monday's modest gains. The biggest news for today came from the retail sector, where there's new data showing that people haven't stopped shopping yet. The U.S. Census Bureau released its latest data on the retail front on Tuesday morning, and investors liked what they saw.
- Motley Fool
Kohl's Could Make a Quick Comeback From COVID-19
The department store chain's business was severely disrupted by COVID-19, but it is already bouncing back.
- Yahoo Finance
Dick’s Sporting Goods faces a big problem: Analyst
A growing sports apparel trend is making it increasingly difficult for Dick’s Sporting to “stay relevant,” says one equities analyst.
- Bloomberg
Clothing Stores’ Devastation Has Only Just Begun
(Bloomberg Opinion) -- Investors appear to be getting more upbeat about the post-pandemic fates of major clothing retailers. Shares of companies from Gap Inc. to Urban Outfitters Inc. and Kohl’s Corp. have shot up from April lows as shopping centers start to reopen after Covid-19-related closures. Some chains have trumpeted eye-popping numbers about their re-openings, including T.J. Maxx’s parent, which said sales at reopened stores were higher than they were last year. Abercrombie & Fitch Co. has said sales productivity at reopened U.S. locations was at 80% of 2019 levels, while Guess Inc. said on Wednesday that reopened U.S. locations were at 75% productivity compared to last year. Those kinds of tidbits, along with a better-than-expected May jobs report and consumer surveys showing a willingness to spend, offer fresh hope that something close to normal shopping patterns might return sooner than anticipated. Not so fast. Optimism about the clothing business seems misplaced, at least for now. This retailing category will likely end up more scarred by the pandemic and recession than any other, and the bankruptcies and store closures announced so far are just the beginning of the devastation.In part, this is because many players in the segment didn’t enter this tumult in a position of strength. A long list of clothiers, including Victoria’s Secret, Banana Republic, Chico’s and Express have endured years of lackluster sales as they failed to deliver enticing fashions. And the likes of Macy’s Inc. and Nordstrom Inc. have been trying to reimagine the tired department store format with only limited success. If they were already straining to attract shoppers before the Covid-19 crisis, good luck doing so when many are approaching store visits with caution. It also could prove tough for clothing stores to renegotiate with landlords for more favorable lease terms right now if they weren’t a powerful driver of traffic to shopping centers in the first place.Apparel chains have other unique vulnerabilities in the current moment. Social distancing, of course, has turbocharged the shift toward online shopping. Plenty of clothing retailers have invested heavily in their digital experience and infrastructure in recent years and thus are decently positioned to handle the surge in orders. But return rates for online purchases of clothing are estimated to be far higher than for other types of items, and all that return shipping and restocking could crimp profits. Meanwhile, stores are revamping their procedures around trying on clothes. Nordstrom is opening only a small number of fitting rooms and cleaning them between customers. Kohl’s is keeping them closed altogether. They are right to make adaptations in the interest of public health. But “try before you buy” is crucial to the brick-and-mortar clothing model, and these set-ups just make it that much harder to score a sale. Plus, as Moody’s analyst Raya Sokolyanska pointed out to me, even if shoppers generally get more comfortable going to stores in a post-lockdown world, that doesn’t necessarily mean they’ll have the patience for crowd-control measures. Just because someone is willing to wait in line to buy groceries doesn’t mean they’ll do so for swimsuits or sneakers. Then there’s the merchandise itself. Instead of dressing up for vacations, weddings, church services and board meetings, many shoppers are going to spend the rest of 2020 in sweatpants or their comfy, sartorial cousins. Yes, retailers have spent years making their supply chains speedier and more flexible to react more nimbly to trends. But this situation requires a change in assortment far more profound than adding more off-the-shoulder tops or animal prints, and I fear many of them will end up with piles of blazers, dresses and glittery high heels that they can’t sell. That’s all before you consider another particularly cruel reality that the entire retail industry is facing. For about a decade, stores have been obsessively focused on adapting themselves for the so-called “experience economy,” adding nail salons, personal styling services, coding classes, wine bars, Instagram-worthy photo-ops, or anything else that will convince people to linger and socialize. Those investments feel painfully useless at a moment when shopping safely means doing it in a solo, task-oriented way. So forgive me for not feeling much assurance from the lines seen at T.J. Maxx re-openings or from comments from Macy’s that demand its reopened stores was “moderately” better than their expectations. Those store visits came when shoppers might have had stimulus checks in hand and were itching to get out of the house as states had just begun lifting lockdowns. But after that burst of activity, the unemployment rate will remain high and Covid-19 fears and precautions will remain in place; that will make for extremely tough circumstances for selling clothes. Moody’s estimates that Ebitda will decline by at least 50% for most apparel retailers this year, and that even by 2021, earnings will be 15% to 35% below what they were in 2019. It seems inevitable that some chains won’t survive those conditions. Last month, J. Crew Group Inc. filed for bankruptcy protection, becoming the first major coronavirus casualty, and was followed soon after by Neiman Marcus Group Inc. and J.C. Penney Co. In the past week, Bloomberg News has reported that both Ascena Retail Group Inc., the corporate parent of Ann Taylor and other stores, and Tailored Brands Inc., parent of Men’s Wearhouse, are also considering bankruptcy. The clothing business is just beginning to unravel. It may be nearly unrecognizable by the time this crisis fully takes its toll. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Sarah Halzack is a Bloomberg Opinion columnist covering the consumer and retail industries. She was previously a national retail reporter for the Washington Post.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.
- Yahoo Finance
Best Buy to reopen 800 stores in the US
Best Buy pushes forward with life after the worst of the COVID-19 pandemic.
- Yahoo Finance
3 big reasons retail brands die in America
Yahoo Finance looks at why once proud retail chains such as J.C. Penney have gone bankrupt.
- Yahoo Finance
Looting at Macy's, Target and other retailers is just one reason to avoid retail stocks
Retail is in a brutal spot right now.
- Yahoo Finance
Here's what booming dollar store sales say about America right now
Dollar store sales are rocking during the COVID-19 pandemic.
- Yahoo Finance
How toilet paper and hand sanitizer may surprisingly save these 3 retailers
Post coronavirus it's all about location. Location, Location.
- Yahoo Finance
Target CEO: We want to be the safest place to shop in America
Don't expect safety measures will fall by the wayside at Target once life gets back to some form of normal after the COVID-19 pandemic. Here's what Target's chairman and CEO Brian Cornell told Yahoo Finance.
- Yahoo Finance
Target CEO: 'America was back in our stores shopping' after stimulus checks
Target Chairman and CEO Brian Cornell weighs in on the state of the retailer amidst the coronavirus pandemic in a Yahoo Finance interview.
- Yahoo Finance
Stimulus checks are helping our shoppers: Walmart US CEO
Yahoo Finance chats with Walmart U.S. CEO John Furner about the state of the world's large retailer amidst the COVID-19 pandemic.
- Yahoo Finance
Walmart plows ahead with COVID-19 testing, and possibly antibody testing soon
Walmart continues to push forward with opening coronavirus testing sites at its stores.
- Yahoo Finance
Target's bottom line fueled by people spending during the coronavirus
Target's first quarter 2020 earnings are out. Here's what you need to know.
- Motley Fool
Kohl's Reports Massive Sales Decline but E-Commerce Increase
Store closures had a huge impact on the company's revenue, but e-commerce stepped in to pick up some of the slack.
- Yahoo Finance
Stimulus checks may be yanking the economy out of the next Great Depression
Signs emerge that consumers are out there spending their new stimulus checks.
- Motley Fool
Kohl's Corp (KSS) Q1 2020 Earnings Call Transcript
Ladies and gentlemen, thank you for standing by and welcome to the Q1 2020 Kohl's Corporation Earnings Conference Call. Certain statements made on this call, including projected financial results and the company's future initiatives are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Kohl's intends forward-looking terminology such as believes, expects, may, will, should, anticipates, plans, or similar expressions to identify forward-looking statements.
- Motley Fool
Why Kohl's, Gap, Macy's, and Other Department Store Stocks Are Down Today
Several department store and apparel chain operators were trading lower on Tuesday morning after Kohl's (NYSE: KSS) reported a larger-than-expected loss for the quarter that ended on May 2. Gap (NYSE: GPS) was down 4.5%. Kohl's was down 9.4%.
