|Bid||70.73 x 800|
|Ask||70.79 x 1000|
|Day's Range||68.38 - 70.91|
|52 Week Range||36.50 - 79.92|
|PE Ratio (TTM)||13.62|
|Earnings Date||Aug 21, 2018|
|Forward Dividend & Yield||2.44 (3.43%)|
|1y Target Est||76.00|
KSS stock is flashing a low risk, high reward pattern just begging to be bought. When or if KSS stock ever breaches this graveyard in the sky is anyone’s guess. In May, Kohl’s shares scored a mouth-watering resistance breach that swiftly carried the shares 15% higher, since then we’ve seen an orderly return to the breakout point.
The term "fast fashion" is defined by retailers that attempt to mimic current fashion trends at affordable prices. While retailers like Urban Outfitters dominate this trend, can traditional giants like Nordstrom and Kohl's keep up? Let's take a closer look.
A few years back, every retailer was reporting negative comparable sales growth and margin compression. Now, the norm in retail is positive comparable sales growth, driven by robust digital sales growth, and margin expansion off recent lows. In response, retail stocks are in rally mode.
MARKET PULSE Kohl's Corp (kss) is hosting a one-day sale event on Tuesday, offering savings on items like luggage, beach towels, kitchen appliances and the Google Home Mini. The sale comes days before Amazon.
Kohl's (KSS) has been trying hard to attract more shoppers and improve sales. Such efforts have been aiding the company deliver positive comps for the past three quarters.
It’s hard not to buy stocks when they pullback following strong quarterly results. That’s exactly the case we have here with Home Depot (NYSE:HD). Fortunately for us, Home Depot stock also fits the “common sense” investment thesis.
Amazon’s (NASDAQ:AMZN) longest Prime Day is expected to hit hard prominent retailers’ efforts to cash-in on the back-to-school season in 2018. Amazon’s Prime Day has been a success as it helps the company generate strong sales in a traditionally slower part of the year.
Short interest is moderately high for KSS with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on July 3.
For most of 2018, the athletic retail scene in the stock market has been dominated by a resurgent Under Armour (NYSE:UAA) out-performing an also resurgent Nike Inc (NYSE:NKE). Whether it is a sustainable bump for Under Armour stock remains to be seen. Nike stock, up 24% on the year, has been bid up as investors have expressed optimism regarding the company’s operational turnaround in North America through product innovation and direct sales.
In the daily bar chart of KSS, below, we can see a mixed picture. The volume of trading in June has been on the light side but the daily On-Balance-Volume (OBV) line has turned lower telling us that sellers of KSS have turned more aggressive. The trend-following Moving Average Convergence Divergence (MACD) oscillator gave a take profits sell signal in June and is still pointed down.
The rating on the IO class, Cl. X-A, was affirmed based on the credit quality of its referenced classes. Moody's rating action reflects a base expected loss of 5.6% of the current pooled balance, compared to 5.4% at Moody's last review.
Sprouts Farmers Market won't be the only big addition to Westridge Square shopping center in Greensboro. In news Triad Business Journal broke June 12, the Arizona-based Sprouts will fill much of a void left by Harris Teeter's departure last summer. TBJ also was first to report that a Title Boxing Club fitness club will open in the shopping center.
US department stores are revamping themselves to cope with the changing retail landscape, and they have come a long way in the process. Not to forget, they even struggled to keep pace with the fast-changing fashion trends and scored lower in offering customers with a better bargain option. Although some of the headwinds still linger, department stores have taken initiatives to be in the race and cater to growing customer needs.
It comes as the U.S. unemployment rate in May fell to 3.8 percent and employers are scrambling to fill positions in what is now an employee's market.
Kohl's has already opened up the application process for positions at more than 300 of its 1,100 stores across the U.S. The news comes as retailers are competing in a tighter labor market to obtain top talent. Kohl's KSS said Wednesday that it would start hiring seasonal workers for the back-to-school, fall and holiday shopping months this year earlier than it's ever done before.
Among the companies with shares expected to trade actively in Wednesday's session are Comcast, Pinnacle Foods, General Mills, Facebook and JPMorgan Chase.
In the second quarter of fiscal 2018, Wall Street expects Kohl’s (KSS) adjusted EPS to rise 30.6% to $1.62, and its gross margin to expand 50 basis points to 39.9%. Whereas Kohl’s doesn’t provide a quarterly outlook, it has upped its fiscal 2018 adjusted EPS guidance to $5.05–$5.50 from $4.95–$5.45. Analysts expect its adjusted EPS to rise 27.9% YoY (year-over-year) to $5.36. Driven by its strong first-quarter results, Kohl’s expects its gross margin to expand 15 to 20 basis points in fiscal 2018, and its SG&A (selling, general, and administrative) expenses to rise 1%–2%.
Kohl’s is looking for results-oriented people to join its team to help deliver an easy, seamless omnichannel experience for customers during the back-to-school, fall and holiday seasons.