|Bid||39.50 x 800|
|Ask||39.99 x 900|
|Day's Range||37.51 - 39.75|
|52 Week Range||37.11 - 75.91|
|Beta (5Y Monthly)||0.95|
|PE Ratio (TTM)||9.02|
|Forward Dividend & Yield||2.68 (6.89%)|
|Ex-Dividend Date||Dec 09, 2019|
|1y Target Est||N/A|
Kohl's (KSS) fourth-quarter fiscal 2019 results are expected to reflect soft holiday period comps, which dip 0.2% due to weakness in women's category.
Kohl's (KSS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Under Armour (NYSE:UA,NYSE:UAA) is in trouble. Under Armour stock plunged 17% last week after its fourth quarter earnings release -- but that's not the only problem. In fact, that's not even the biggest problem.Source: 2p2play / Shutterstock.com The issues facing Under Armour go well beyond a single report. After all, investors knew before the earnings report that the company's turnaround was going to take time.Certainly, it isn't good news that Under Armour management itself believes little fundamental progress will be made in 2020. But that outlook would be tolerable if investors could have faith that progress was coming at some point.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt's difficult, if not outright impossible, to have that faith at this point. Increasingly, Under Armour looks like a broken company. That, more than a single year's guidance, is the problem with Under Armour stock. How Under Armour Stock Got HereGive credit where credit is due. Under Armour, under founder and former chief executive officer Kevin Plank, pioneered an entirely new category of athletic wear. A company founded in 1996 had nearly $5 billion in sales two decades later -- and a market capitalization nearing $10 billion. * 7 Failing Tech Stocks to Disconnect From Now But since Under Armour stock peaked in 2016, pretty much everything has gone wrong. Strategically, the company erred by expanding distribution to weaker retailers like Kohl's (NYSE:KSS) and now-bankrupt Sports Authority. Those moves undercut the brand -- and the company's pricing power.Under Armour's assortment hasn't kept pace, either. While Lululemon Athletica (NASDAQ:LULU) drove market-leading growth in the "athleisure" category, Under Armour stayed stuck on the performance side. The company never truly has cracked the code in the women's market, and initial success in footwear thanks to a partnership with NBA superstar Stephen Curry has faded.It's the company's culture that might be the most concerning: a Wall Street Journal report in late 2018 detailed concerning behaviors among executives and questionable treatment of female employees.Under Armour promised to do better -- and, in some ways, it has. But UAA employees I spoke with still describe a toxic work environment and low morale. It's not difficult to get the sense that something is seriously wrong with Under Armour as a company. UAA Stock TanksUnder Armour's numbers certainly suggest that's the case. The culprit behind last week's sell-off wasn't fourth quarter results themselves. It was the guidance for 2020.The company is guiding for revenue to decline year-over-year by a "low single-digit" percentage. That comes after just 1% growth in 2019. In other words, 2020 sales should be roughly in line with those in 2018. In North America, revenues should decline as much as 10% over that stretch.It's only in relatively new international markets where Under Armour is seeing sales increase. At home, the company is losing to Nike (NYSE:NKE) and adidas (OTCMKTS:ADDYY).Bottom-line numbers are even worse: 2020 guidance is for earnings per share of just 10 cents to 13 cents; compare that to 2016, when the company generated 45 cents in EPS.That guidance suggests net margins at less than 0.5% of revenue. This is a company that just last year was promising operating margins over 10% by 2023. EPS was supposed to grow at a 40% annual rate for several years. Instead, guidance suggests net profits will fall 35-50% in 2020.This isn't the first time Under Armour has overpromised. Unless something changes soon, it likely won't be the last. The Bottom Line: Not Enough of a Bull CaseIt's possible Under Armour can find a way to a turnaround. Plank stepped down last year. Management last week floated the idea of another restructuring, which could reduce longer-term costs. Sub-1% margins are a worry now -- but they also leave substantial room for improvement.But there's just no evidence right now to suggest that improvement is coming. Nike and Adidas have caught up in performance wear. Lululemon dominates on the women's side. Under Armour, meanwhile, has lost its way. It will take years for the company to find it again.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA) and +1,044% in Tesla (TSLA), just to name a few. Click here to see what Matt has up his sleeve now. Matt does not directly own the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Failing Tech Stocks to Disconnect From Now * 5 Ideal Dividend Stocks for New Investors * 4 Stocks to Buy No Matter Who Wins the 2020 Election The post It Can Absolutely Get Worse for Under Armour Stock appeared first on InvestorPlace.
Moody's rating action reflects a base expected loss of 3.8% of the current pooled balance, compared to 3.0% at Moody's last review. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating.
Heavily-shorted stocks are supposed to be the domain of smart money. But it doesn't always work out that way for those investors. And right now I'm willing to give those pros the benefit of the doubt on one of their bearish bets and two names which have me thinking of the movie Dumb & Dumber. Let me explain.The market seemingly just won't go down. Not that there aren't more than a few professionals quietly betting against it, in heavily-shorted stocks or vis-a-vis obfuscated options strategies that are much more difficult to track. But that doesn't make these investors right. Actually, far from it.Bottom line, the trend is your friend. And right now the broader trend is still bullish despite the market even having to endure end-of-days style threats from the coronavirus virus the past couple weeks. I'm personally amazed at this resilience. However, I'm also unwilling to simply bet against it as some are doing.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Exciting Stocks to Buy for Aggressive Investors Having said that, let's look at one smart money shorted stock opportunity where the trend is in fact working and two instances where those investors look a bit more like Lloyd Christmas and Harry Dunne. Shorted Stocks: Kohl's (KSS) Source: Charts by TradingViewBrick-and-mortar department store chain Kohl's (NYSE:KSS) is our first shorted stock. And here, we have to agree with the outfit's resident bear population of nearly 15%. Not only did last April's 'package return' partnership with retail and tech giant Amazon (NASDAQ:AMZN) mark a key high in shares and fail to bring in paying customers, this heavily-shorted name has now announced a necessitated restructuring due to its ailing ways.For today's bearish traders, there's more to the story. The price chart in KSS stock continues to paint a grim picture for bulls that's ripe for shorting. As the provided weekly chart shows, it's been a profitable ride for bears in this shorted stock since the Amazon deal established an irregular, i.e. high right, shoulder.Now a bearish weekly cup-with-handle developed off last year's low and a subsequent 'return move' which aggressively turned Kohl's shares back towards those lows, is setting up. As much, it's time to join the smart money in KSS stock.KSS Stock Strategy: I'd recommend gaining bearish exposure in this shorted stock beneath the handle low of $42.50. The pattern entry also requires the consolidation's high of $46.47 from last week remains intact. Failing that, all bets are off the table. And it nearly goes without saying, if a short is elected, a later-dated failure of the handle would be a strong reason to exit the position. YETI Holdings (YETI) Source: Charts by TradingViewYeti (NYSE:YETI) is the next shorted stock to catch our eye. Here though, my view is that YETI stock's 50%-plus short interest are being 'dumb,' and this high-end cooler upstart and cooler-than-cool hip brand should be on the radar for buying.Technically, the recent IPO has put together a very durable technical consolidation that has combined two bases over the course of nine-plus months. But some might point out this is the result of a failed cup breakout, and further, last week's attempt to rally above the second corrective base didn't work out either. But there are reasons to believe the third time will prove the charm for bulls.Following this week's solid earnings beat and despite trading lower, YETI stock has nevertheless maintained its technical composure by establishing a weekly doji. What's more, the 'decision' candlestick has formed a new pivot low within the combined base's bullishly-trending series of higher lows. All told, there's solid technical evidence hinting that this shorted stock's bears are about to be put on ice! * 7 Exciting Stocks to Buy for Aggressive Investors YETI Stock Strategy: Buy YETI stock above $36.73. This entry confirms the decision candlestick as a bullish pattern. It also has the added advantage of clearing the first base's original breakout attempt. Use the candlestick low, if required, as a very real reason to abort while containing risk to a reasonable level. Tesla (TSLA) Source: Charts by TradingViewTesla (NASDAQ:TSLA) is the last of our shorted stocks. The EV manufacturer is also another buy candidate where the bears could be acting even 'dumber.' Short interest on a percentage basis isn't outrageously high in Tesla. But due to the company's $145 billion market cap, in dollar terms it is the largest short in the market at the moment.Technically, shares of Tesla broke out of a triangle consolidation on Thursday. It bodes well for bulls, as the formation has the advantage of being a continuation pattern. And as everyone knows, except maybe Ralph Nader, this shorted stock has been on a tear and delivering massive profits to bullish investors.Now and following news of a secondary priced at $767 and shares holding the pattern breakout above $800, there's strong evidence off and on the price chart that bullish investors remain in the driver's seat.TSLA Stock Strategy: With shares near $804, this shorted stock is in position for buying. I'd personally recommend the use of a slightly out-of-the-money bull call spread to limit and reduce risk while leveraging one's upside profit potential. Either way, I'd also recommend using $755 for closing the long if needed. That does a good job of minimizing exposure even more. And as the price pattern suggests, that's enough leeway on the Tesla chart as well.Investment accounts under Christopher Tyler's management do not currently own positions in securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Exciting Stocks to Buy for Aggressive Investors * 20 Stocks to Buy From the Law of Accelerating Returns * 7 U.S. Stocks to Buy on Coronavirus Weakness The post 3 Heavily Shorted Stocks to Turn a Profit On appeared first on InvestorPlace.
Kohl's Corp. announced a restructuring program that resulted in 250 job cuts, including regional store leaders and merchant team members. Kohl's is offering severance packages and outplacement services to affected workers. "We are not closing any stores or corporate offices and we are continuing to hire in key areas," Jen Johnson, Kohl's senior vice president of communications, said in a statement. "The company is also continuing to invest in many areas of the business including our stores, technology and strategic growth initiatives." Kohl's reported a 0.2% comparable store sales decline for the holiday season. Kohl's stock has fallen nearly 32% over the past year while the S&P 500 index has gained 22.8% for the period.
Department store chain Kohl’s Corp. is laying off 250 employees as part of a restructuring plan. The move is part of the retailer’s efforts to have a “more customer-centric focus,” according to a statement from Jen Johnson, the company’s senior vice president of communications. Menomonee Falls-based Kohl’s (NYSE: KSS) expects the restructuring to position the company for long-term success, Johnson said.
The ratings on six P&I classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. The rating on one interest only (IO) class, Class X-A, was affirmed based on the credit quality of its referenced classes.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
The next couple weeks could help tell the tale as major big box stores prepare to report earnings. Despite that, the National Retail Federation said holiday sales outpaced its own forecast, rising 4.1% from the same period a year earlier to $730.2 billion. “These numbers validate continued optimism for increased investment and opportunity in the retail industry,” NRF Chief Executive Matthew Shay said.
Yael Cosset heads Kroger’s technology function and its digital strategy, which includes a partnership with British online grocery retailer Ocado to build large automated fulfillment warehouses across the country, including one in Pleasant Prairie.
A Kroger Co. executive is taking on another role in the retail world. Kroger senior vice president and chief information officer Yael Cosset has been appointed to the Kohl’s Corp. (NYSE KSS) board. “Yael is a seasoned executive leader who brings technology and digital expertise with notable retail and consumer brands,” Kohl’s chairman Frank Sica said in a statement.
There’s now more money in an exchange-traded fund that tracks online retailers than one made up of mostly bricks-and-mortar companies.
The rating on one P&I class was upgraded due to an increase in credit support resulting from loan paydowns and amortization, as well as an increase in defeasance. The deal has paid down 7% since Moody's last review and defeasance increased to 37% of the pool from 11% at last review. The ratings on seven P&I classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges.
Former Kohl’s Corp. president Sona Chawla has started a new position at a firm in Illinois. Chawla left Kohl’s in October. This month, Lincolnshire, Illinois-based CDW Corp. (Nasdaq: CDW) announced Chawla is the company’s chief growth and innovation officer – a newly created position.
These stocks have low price-to-earnings valuations relative to the S&P 500 that also appear likely to continue raising their dividend payouts more quickly than the broad market.
The numbers are in, and Americans had another banner shopping season. According to the U.S. Census Bureau, retail sales for December clocked in at a whopping $529.6 billion. That's nearly a 6% increase over last year's numbers, and represents a great catalyst for retail stocks.Even better, it doesn't take into effect the booming numbers realized in November, and during the Black Friday and Cyber Monday shopping periods. Collectively, it means consumers are alive and well.However, the effect of rising spending hasn't been felt across retail stocks evenly. In fact, many continue to miss on the new omnichannel, buy-online-pickup-in-store (BOPIS) shopping environment.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFrom Kohl's (NYSE:KSS) poor overall sales numbers to Macy's (NYSE:M) missed execution in online sales, many retail stocks suffered this holiday season -- and they'll keep suffering as the year goes on. However, for those retail stocks that get it and made some serious bank over the holiday shopping frenzy, they have the real potential to keep it going in the new year. That's because they understand what consumers want, and how and when they want it. * Invest in America's Most Trusted Brands With These 7 Stocks to Buy For investors, this holiday season only underscored the growing division among retailers. And in that, placing your bets on who's getting it right is the only decision to make.That said, here are three retail stocks that killed this holiday season -- and have the potential to keep that momentum going. Retail Stocks to Buy for 2020: Walmart (WMT)Source: BCFC / Shutterstock.com I'll admit it, while I love Amazon (NASDAQ:AMZN) and have totally bought into their system, these days, it seems that my family is doing a fair bit of shopping at rival Walmart (NYSE:WMT). And it turns out, I'm not alone.According to a CNBC report, frequency of people buying items on Amazon has gone down. Those heavy users who purchase goods on Amazon six times or more per month has dropped to 40%. That's down from 80% recorded in 2017, showing that the winner of shoppers has been Walmart.Thanks to its efforts across its e-commerce platform, WMT is starting to seriously turn the tide in the world of retail. And, thanks to its already in place vast distribution network, grocery pick-up operations, BOPIS and quick shipping options, Walmart has become a tour de force in the new age of retail. In fact, during its last reported quarter, online sales jumped by 41%. As Walmart gets ready to post its sales and earnings from the holiday season, expectations are already running high that the company will continue a torrid pace of growth. And there's every reason to expect that will happen.The company continues to try new things with e-commerce, and has been boosting its online grocery operations. This includes improving its produce selection and considering building so-called "dark stores" that are strictly used for online ordering and pick-up in order to reduce congestion at some its more popular store locations. Meanwhile, WMT is willing to buy out successful online retailers to boost sales and gain some valuable tech.All in all, WMT has the cash to really compete in the world of online and in-store shopping. And that makes it a prime retail stock to own in 2020. Costco (COST)Source: Shutterstock When your main shoppers are fanatics, it's pretty easy to win over the holiday season and beyond. That sums up the case for warehouse club Costco (NASDAQ:COST). Shopping at Costco remains quite the event -- with plenty of one-time or limited deals, specialty products, its signature Kirkland brand and we can't forget those rotisserie chickens.Because of this, the company continues to execute retail the right way,and that showed up in its latest holiday numbers. For the five weeks ending Jan. 5, Costco managed to report an 10.5% increase in net sales. While new international stores did help on that front, the real driver was e-commerce sales. It turns out, making the pivot towards omnichannel retail is pretty simple when your operation is already based on warehouses. E-commerce growth at the chain grew by 20 percentage points over the holiday period.The beauty is that Costco continues to rack up members for warehouse clubs. As of the first quarter of this year, the club featured nearly 100 million members worldwide. Furthermore, their current membership renewal rate is about 91% in the U.S. and Canada, and those members send about $3.5 billion in cash into Costco's fees ever year. * Forget Lockheed Martin, Buy These 5 Smaller Defense Stocks Instead The end result is a strong, cult-like retailer that is successfully navigating the new omnichannel environment. And because of that, Costco will continue to be one of the top retail stocks for portfolios in 2020, as it is just hitting all the right switches for further growth. The TJX Companies (TJX)Source: Joe Hendrickson / Shutterstock.com Walmart is known for its low prices, and Costco is know for its fanatical customers. However, there is a way to get both with one retail stock -- and that's TJX Companies (NYSE:TJX). For TJX, the combination is creating an amazing retailer that, despite not really having an online presence, is just killing it with shoppers.Operating TJ Maxx, Marshall's, Home Goods and other store brands, TJX is a buyer of closet apparel and home furnishings. When Macy's can't unload full-price shirts, TJX buys them for dirt cheap. The secret is that the stores mix of goods constantly change.Because of this, it creates a sort of treasure hunt for the so-called "Maxxinistas." They are the ones who keep coming back to the store to find high-quality merchandise at cheap prices. The strategy has worked for a long time, but is increasingly working now as consumers have become more price sensitive.In the third quarter, TJX Companies' reported revenue increased by 6% year-over-year to more than $10.5 billion. Even better, foot traffic has been great, as comparative store sales grew by 4% for the quarter. This still impressive considering last year at this time, TJX saw a big 7% jump in the same metric.Already, TJX has mentioned strong preliminary results for the holiday season. The truth is that Americans want good merchandise at deep discounts, and they are willing to go to physical retail locations to get just that.With continued sales growth, strong cash flows and a growing dividend, TJX stock has the goods to keep rewarding shareholders throughout the future.At the time of writing, Aaron Levitt was long AMZN stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks on the Move Thanks to the Davos World Economic Forum * Invest in America's Most Trusted Brands With These 7 Stocks to Buy * 7 Earnings Reports to Watch Next Week The post 3 Retail Stocks That Won the Holidays and Will Win in 2020 appeared first on InvestorPlace.
Investors who demand value may take a quick "pass" on Shopify (NYSE:SHOP) by looking at its price-to-earnings ratio near 2,000 times. Yet momentum and growth investors may point to its exceptionally strong historical and future growth rates.Source: Beyond The Scene / Shutterstock.com In the last quarter, strong revenue continued but as profits disappointed, the dip in Shopify stock proved short-lived.So, how much more upside does Shopify bring to shareholders, now that the stock closes at 52-week highs almost daily?InvestorPlace - Stock Market News, Stock Advice & Trading Tips Weak Third Quarter Is TemporaryShopify reported fiscal 2019 third-quarter earnings on Oct. 29, and announced that its revenue grew 45% year-over-year. Gross merchandise volume came in at $14.8 billion, an increase of 48%, yet the company posted an adjusted net loss of $33.6 million. CEO Amy Shapero said, "Our strong results in the quarter were driven in part by the success of our international expansion, which is just one of the many ways we are investing in the platform." * The 7 Stocks That Cautious Investors Should Sell Now And just look at the provision for income taxes and investors will soon realize that the international expansion costs $48 million. This is a short-term pain that will lead to long-term gains. How? Shopify's addressable market will expand globally. In the quarter, the company posted strong cash flow and adjusted operating income of $10.5 million. Above all, for the full-year 2019, Shopify forecast adjusted operating income in the range between $27 million and $37 million. 2020 OutlookSource: Chart by FinboxShopify's business is positioned for considerably stronger growth in 2020. It faces no real competition in the multi-channel business-to-business space or the direct-to-consumer markets. So, this year, chances are good that its earnings per share will beat consensus estimates.Still, analysts are bullish on Shopify stock. Also, there are 9 buys and 7 holds on the stock. But the average price target is $423.15. Sure enough, a 10-year discounted cash flow EBITDA exit model might assume revenue growth slowing to 15%. In that scenario, the stock trades close to the fair value already.Source: Chart by Stock RoverOn the Stock Rover research report, Shopify stock has a value score of 56 (based on such ratios as enterprise value-to-EBITDA, P/E and price-to-sales). But its sentiment score is 89, based on the stock's days since hitting a 52-week high, moving average convergence/divergence (MACD) and short interest. Here is Shopify's valuation compared to the S&P 500 and its broader industry.Source: Chart by Stock RoverAnd here is Shopify's sentiment profile. Looking at these two tables it is clear that Shopify stock scores higher than both its broader industry and the S&P 500 when it comes to sentiment score. But its value score does ring in below that of the major index. Strong Quarterly Report ExpectedShopify shared Black Friday sales on Dec. 3, 2019. It showed that it topped over $2.9 billion in sales. In other words, this is up sharply from last year's $1.8 billion-plus levels. It said that the "sales demonstrate the power of borderless commerce and how independent businesses and direct-to-consumer brands around the world have become the heroes of Black Friday/Cyber Monday."After watching Macy's (NYSE:M) and Kohl's (NYSE:KSS) struggle to compete with the online marketplace, Shopify's dominance in the online space is unquestionable. As a side note, China's Baozun (NASDAQ:BZUN) is nowhere near comparable to Shopify. For example, Shopify is rated No. 1, according to the G2 website, which is a Chicago-based peer-to-peer review site. The stock market also reflects the disparity, with Baozun at risk of falling lower. After Shopify reports quarterly results on Feb. 12, the stock may break out to new highs if its profits exceed consensus estimates. My Takeaway on Shopify StockShopify's exceptionally strong annual revenue growth is unstoppable. Earnings will grow at almost 50% annually, justifying the stock's high valuations. Traditional value investors need to ignore metrics like price/earnings-to-growth, the price-to-book ratio and P/E ratios for now. Buying interest in the stock is strong and may accelerate as the company grows at a high rate. By 2024, revenue may top $7.5 billion, over six times where it is today.As of this writing, Chris Lau did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Stocks That Cautious Investors Should Sell Now * 7 Healthcare Stocks With 100% Street Support * 3 Chinese Stocks to Buy, Sell, or Play from Either Side The post Why Shopify Is Set to Smash Quarterly Earnings Expectations appeared first on InvestorPlace.
In selecting his favorite investment ideas for the year ahead, John Dobosz, editor of Forbes Dividend Investors, highlights a pair of stocks in the retail sector -- a leader in home furnishing and a department store chain.
The clock is ticking for department stores like Macy’s Inc. and J.C. Penney Co. Inc., according to Sucharita Kodali, retail analyst at Forrester.