Kohl’s, the struggling chain of department stores, said it will permanently close 27 “underperforming” locations in 14 states, including 10 in California alone as the company takes emergency measures to avoid bankruptcy.The company made the announcement in a press release that included a list of the locations that will be shuttered for good. The closures are scheduled to be completed by April.Kohl’s has faced significant challenges in recent months during which it has seen leadership changes amid dismal ear ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $.01 par value KSS New York Stock Exchange FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 2, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition period from ________ to _________ Commissi ...

Kohl's Corporation (KSS) stock has shown significant volatility, with shares fluctuating between highs and lows over the past year. Overall, the stock has trended downward, reaching a new 52-week low of $14.22 on Nov. 26, showing a stark decline compared with its 52-week high of $29.60.While the current price of $15.43 marks an 8.5% rebound, it still reflects a nearly 48% discount from the high, highlighting a challenging year for the retailer.KSS Stock Navigates Turbulent WatersKSS stock’s volatility over ...

Like the sign in the picture above, Kohl's Corp.'s (NYSE: KSS ) current 13.2% yield carries with it high risk. So, for those familiar with the company and are thinking, I can collect aContributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due diligence. I'm a Navy veteran w ...

My previous investment thought on Kohl's Corp. (NYSE: KSS ) (published on 4th September) was a hold rating because the valuation has already priced in the downside that I expected previously (note I upgraded from sellI focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the medium to long-term. Ult ...

Advertisement Kohl's said comparable sales plummeted 9.3% in the third quarter.Apparel and footwear sales struggled despite strong performances for Sephora and other categories.Growth in revenue from beauty sales at Sephora was one of the few rays of hope.Kohl's continues to fight an uphill battle after sales tumbled following missed opportunities, a decline in footfall, and an overreliance on its partnership with Sephora.Comparable sales at the department store chain fell 9.3% in the three months to Novem ...

公司业绩 - 公司连续第11个季度出现可比销售额下降 [1] - 第三季度净收入从5900万美元降至2200万美元 [4] - 第三季度净销售额下降8.8%至35.1亿美元，低于预期的36.4亿美元 [4] - 可比销售额下降9.3%，低于预期，交易量下降约3% [5] - 公司下调全年销售预期，预计净销售额将下降7%至8%，此前预期为下降4%至6% [7] - 可比销售额预计将下降6%至7%，此前预期为下降3%至5% [7] 管理层变动 - 现任CEO Tom Kingsbury将于2024年1月15日卸任，由Ashley Buchanan接任 [8] - Ashley Buchanan目前是Michaels Cos.的CEO，曾在Walmart和Sam's Club担任高级职务 [8] - Tom Kingsbury将继续担任顾问角色，并在董事会任职至2025年5月 [10] 业务表现 - 核心服装和鞋类销售额持续疲软 [2] - 关键增长领域（如Sephora、家居装饰、礼品和冲动消费）表现强劲，但未能抵消核心业务下滑 [3] - 公司正在采取积极措施扭转销售下滑趋势，并专注于提升客户体验 [6] - 公司实现了毛利率扩张并严格控制费用 [6] - 公司计划通过推动流量来应对第三季度的疲软趋势 [6] 新任CEO背景 - Ashley Buchanan自2020年起担任Michaels Cos.的CEO，期间提升了公司的盈利能力，扩展了全渠道能力，并通过小型门店模式增强了门店基础 [10]

文章核心观点 - Kohl's Corporation (KSS) 股价在盘前交易中下跌了18.5%，主要原因是公司发布了令人失望的2024财年第三季度业绩，并下调了全年展望 公司营收和利润均同比下降，且未达到Zacks Consensus Estimate的预期 [1][2][3][7] 财务表现 - 第三季度每股收益为20美分，同比下降62.3%，低于Zacks Consensus Estimate的27美分 [1] - 总营收为37.1亿美元，同比下降8.5%，净销售额为35.07亿美元，同比下降8.8%，均未达到Zacks Consensus Estimate的38.375亿美元 [2] - 可比销售额同比下降9.3% [2] - 毛利率扩大20个基点至39.1%，SG&A费用下降5.1%至12.91亿美元，但占营收比例上升125个基点至34.8% [4] - 营业利润为9800万美元，同比下降37.6%，营业利润率下降120个基点至2.7% [4] 财务状况 - 截至季度末，公司持有现金及现金等价物1.74亿美元，股东权益为38.04亿美元 [5] - 九个月期间的经营现金流为5200万美元 [5] - 预计2024年资本支出约为5亿美元，主要用于Sephora合作扩展和门店相关投资 [5] 其他更新 - 公司宣布每股50美分的季度现金股息，将于12月24日支付给12月11日登记在册的股东 [6] - Tom Kingsbury将于2025年1月15日辞去首席执行官职务，由Ashley Buchanan接任 [6] 2024财年展望 - 预计2024财年净销售额将下降7-8%，此前预期为下降4-6% [7] - 预计可比销售额将下降6-7%，此前预期为下降3-5% [7] - 预计营业利润率将在3%至3.2%之间，此前预期为3.4-3.8% [7] - 预计每股收益将在1.20美元至1.50美元之间，此前预期为1.75美元至2.25美元 [7] 股价表现 - 过去三个月，KSS股价下跌了6.4%，而行业增长了13.4% [8] 行业对比 - Deckers (DECK) 是一家鞋类和配饰经销商，目前持有Zacks Rank 1 (Strong Buy)，过去四个季度平均盈利惊喜为41.1% [9] - Dillard's, Inc. (DDS) 是一家百货商店零售商，目前持有Zacks Rank 1，过去四个季度平均盈利惊喜为8.8% [10] - Urban Outfitters Inc. (URBN) 是一家生活方式专业零售商，目前持有Zacks Rank 2 (Buy)，过去四个季度平均盈利惊喜为17.6% [12]

Kohl’s will sharpen its focus on value by increasing its inventory of private brands and delivering more targeted offers as it works to reverse its declining sales.The retailer said this Tuesday (Nov. 26) while reporting that during the third quarter, it saw its net sales decrease 8% year over year, while its comparable sales were down 9.3%, according to a Tuesday earnings release.“We are not satisfied with our performance and are taking aggressive action to reverse the sales declines,” Kohl’s CEO Tom Kings ...

Shares of Kohl's Corporation (NYSE: KSS ) have been a poor performer this year, losing 37% of their value, as the department store has struggled mightily to turn around operations. That pain intensified Tuesday as shares plunged 20% amid dourOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me ...