|Bid||49.36 x 900|
|Ask||49.65 x 1000|
|Day's Range||49.20 - 50.53|
|52 Week Range||45.21 - 83.28|
|Beta (3Y Monthly)||1.08|
|PE Ratio (TTM)||10.36|
|Earnings Date||Aug 19, 2019 - Aug 23, 2019|
|Forward Dividend & Yield||2.68 (5.43%)|
|1y Target Est||61.41|
Kohl’s (KSS) today announced the company’s hiring plans to add results-oriented candidates to its team of associates to help deliver an easy experience to customers during the back-to-school, fall and holiday seasons. Beginning today, Kohl’s is now hiring for an early wave of seasonal positions across 500 stores, nearly double the number of stores with early hiring positions compared to last year. All Kohl’s stores, distribution and e-commerce fulfillment centers will begin seasonal hiring later this summer in August.
This back-to-school season, Kohl’s (KSS) is bringing children and their families along on adventures through author and illustrator Dan Santat’s uplifting books in the newest Kohl’s Cares collection, available now through September 8 at all Kohl’s stores nationwide and on Kohls.com. Priced at just $5 each, children and their families will enjoy captivating stories and adorable plush toys together while giving back to their communities, with 100 percent of the net profit benefitting organizations that improve the health and wellness of children and families nationwide.
Kohl’s Corporation (NYSE: KSS) today announced that its Board of Directors increased the size of the Board to eleven members and elected Michael Bender to fill the new Board seat effective immediately. Bender has been elected to a term expiring at Kohl’s 2020 annual shareholders meeting and will be eligible for re-election by Kohl’s shareholders at that time. Previously, Bender held a number of successive management positions at Walmart Inc. over eight years, having most recently served as Chief Operating Officer of Global eCommerce.
(Bloomberg Opinion) -- If you’ve spent any time in the Instagram fashion bubble recently, you probably know that Nordstrom Inc. is holding a massive promotional event that kicks into high gear on Friday. It’s called the Anniversary Sale, and it’s a weeks-long run of price reductions on new merchandise that the retailer has done a remarkable job of getting the fashion influencer-set to hype.(2)This time around, the deals bonanza represents an especially important test for the department store. Some of it has to do with the timing. Wall Street sentiment has curdled on this chain in recent months. In fact, Nordstrom is the worst-performing stock in the S&P 500 Index year-to-date. (Fellow department store heavyweights Macy’s Inc. and Kohl’s Corp., it should be noted, aren’t far behind.)A particularly sharp drop in share price came after its first-quarter earnings report, which rightly set off alarm bells for investors. Sales sank 3.5% from a year earlier in that period as a result of a raft of missteps: It changed how it distributed rewards to loyalty program members and that didn’t go well; it was out of stock on key beauty items; and didn’t have the right mix of entry-level and higher-price items in its women’s clothing business. That pricing issue might be a particular concern. UBS retail analyst Jay Sole wrote in a July research note that, in his recent customer survey, 5% more shoppers said Nordstrom has become more expensive than said so last year. Of course, Nordstrom isn’t aiming to be a discount retailer; weakening price perception would be a worse finding for, say, Kohl’s. But this still represents a risk that Nordstrom is alienating one-time devotees and could fail to attract younger shoppers. The Anniversary Sale, with its bounty of deals, is a good opportunity to chip away at that perception. But I’m going to be watching more than the price tags. It’ll be important to see whether Nordstrom is able to stay in-stock on those entry-price items, as well as particularly trendy ones, through the early days of the sale. I’ll also have an eye out for any website glitches that might frustrate online shoppers. During last year’s event, the company had to apologize for website problems; the site also had issues the previous year amid the surge in visits. Nordstrom needs to demonstrate it has learned from those mistakes and has invested technology resources appropriately to move past them.Big sale events sometimes can seem meaningless these days, when the likes of Gap Inc. and Macy’s seem to be having a promotion practically every day of the week. And another splashy deals event – Amazon.com Inc.’s coming Prime Day – seems to be taking up quite a lot of retail-industry oxygen.But the Anniversary Sale really matters for Nordstrom. The company indicated as much in its annual report:“Due to our Anniversary Sale in July and the holidays in the fourth quarter, our sales are typically higher in the second and fourth quarters than in the first and third quarters of the fiscal year. Any factor that negatively impacts these selling seasons could have an adverse effect on our results of operations for the entire year.”I still think Nordstrom has many advantages compared to its apparel-industry peers, including its not-bloated store fleet, its strong customer service, and its potentially potent idea for small-format local service centers. But for now, Nordstrom badly needs a win in the second quarter. Strong execution of this deals event will help determine whether it gets one.(1) Loyalty members who are top-tier spenders got access to the sale previously, but Friday is the kickoff for the masses, when any Nordstrom cardholder can start shopping.To contact the author of this story: Sarah Halzack 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.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/opinion©2019 Bloomberg L.P.
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This back-to-school season, Kohl’s (KSS) is rewarding customers with must-have brands and essentials, big deals and savings, and an easy shopping experience that add up to a successful start of the school year. With an expansive selection of jeans, t-shirts, activewear, sneakers, backpacks, and more from top national and private brands, along with easy shopping conveniences like Buy Online, Pick Up In Store and Kohl’s-exclusive values like Kohl’s Cash®, Kohl’s is the back-to-school destination the whole family will love. “We’re rewarding the everyday by giving Kohl’s customers confidence that they will find incredible value on the top brands they want and the back-to-school essentials they need to start the year off right including denim, activewear and footwear for the whole family,” said Greg Revelle, Kohl’s chief marketing officer.
Amazon customers can now make returns for free at any Kohl's store. Here's what that means for the No. 2 U.S. department store chain.
Kohl’s (KSS) today announced a donation of $1 million, over three years, to Junior Achievement of Wisconsin (JA) to provide more than 70,000 students in Southeastern Wisconsin with economic and financial literacy education at the JA Kohl’s Education Center. The funding will support the continuation of JA Capstone programming through JA BizTown® and JA Finance Park®.
Retail firms have learnt the hard way that quality supersedes quantity and overexposure though higher number of stores often fail to yield the desired effect.
The Zacks Analyst Blog Highlights: Nordstrom, Kohl's, Macy's, Simon Property and Planet Fitness
Mall owners are increasingly preferring gyms and grocery stores as they increase customer footfall even on weekdays when it is often tough to draw physical traffic.
(Bloomberg Opinion) -- Behold the power of the home-court win. Nike Inc.’s fourth-quarter earnings showed revenue at its North America division rose a robust 7 percent from a year earlier to $4.17 billion, powered by strong growth in sneaker sales. The gain, which exceeded analysts’ expectations, helped offset an earnings-per-share miss that prompted an initial after-hours drop in the stock, from which it recovered. It was an important moment for Nike to show strength in its core market. When the athletic apparel giant had reported third-quarter results back in March, investors punished the stock in part due to weaker-than-expected growth in North America. At the time, executives had sought to assure analysts that challenges there – particularly in the apparel category – reflected the timing of product launches. They said they hadn’t seen any worrisome signals about consumer demand for their clothing in North America. The upbeat results reported Thursday in that segment, and in that geographic region overall, help make the case that Nike’s brand remains quite healthy in this important market.We had gotten earlier cues that this might be a solid quarter for Nike in North America. In May, Kohl’s Corp. had called out Nike (and its competitors Under Armour Inc. and Adidas AG) for driving a robust “mid-single-digit” increase in active-wear sales in the quarter – a bright spot in otherwise dismal results for the department store. Dick’s Sporting Goods Inc. executives said during a May earnings conference call the company was “very pleased” with its Nike business.The results add to evidence that Nike should remain a rare place of calm during a stormy moment for the clothing business, a place where sales remain healthy even as margin-eating discounts bring pain to other corners of the industry and as retailers’ woes force some to close stores. It’s true that the potential for new tariffs of $300 billion worth of Chinese goods, including clothes and shoes, could rattle the entire U.S. apparel business. But at least Nike will be weathering that challenge, should the levies be enacted, from a position of strength.A couple of years ago, I was worried that Nike was starting to lose some of its product-development magic. It seemed to be struggling to react to cooling interest in basketball shoes and straining to fight back against encroachment from red-hot Adidas. But it appears that Nike’s recent efforts to speed and revamp its innovation pipeline are paying off, with offerings such as VaporMax and Air Max Dia getting a favorable reception from shoppers. That should help Nike hold its own not just at home, but in crucial growth markets such as China. And other types of product innovation, such as in its sports-bra lineup, should help it continue to make inroads with women shoppers – an important pillar of its near-term growth plans.All of that should complement the difficult work Nike has done to reshape its wholesale presence and lure shoppers to its membership program and SNKRS app.Nike has put some serious sweat into making sure it can continue to grow at home even as malls struggle and the athleisure trend wanes. This quarter it showed the hustle is paying off. To contact the author of this story: Sarah Halzack 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.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/opinion©2019 Bloomberg L.P.
Kohl's (KSS) is losing sheen due to rising expenses and soft comps. These headwinds have compelled the company to trim view for 2019.
Kohl's Corporation (NYSE:KSS), which is in the multiline retail business, and is based in United States, received a...
Mid-caps stocks, like Kohl's Corporation (NYSE:KSS) with a market capitalization of US$7.6b, aren’t the focus of most...