|Bid||52.00 x 900|
|Ask||53.35 x 1800|
|Day's Range||52.03 - 53.50|
|52 Week Range||43.33 - 83.28|
|Beta (3Y Monthly)||1.12|
|PE Ratio (TTM)||11.76|
|Earnings Date||Nov 19, 2019|
|Forward Dividend & Yield||2.68 (5.06%)|
|1y Target Est||56.00|
Legendary investors such as Jeffrey Talpins and Seth Klarman earn enormous amounts of money for themselves and their investors by doing in-depth research on small-cap stocks that big brokerage houses don't publish. Small cap stocks -especially when they are screened well- can generate substantial outperformance versus a boring index fund. That's why we analyze the […]
(Bloomberg Opinion) -- The holiday shopping season is a crucial stretch for virtually every retailer. But it’s especially important this year for Kohl’s Corp. — for its own sake, and as part of the industry’s larger challenge of figuring out how to make the department store relevant in the digital era.In general, Kohl’s is playing with a better hand than some of its closest rivals in the category. But it’s undeniable that the chain got off to a rough start this year. Comparable sales sank 3.4% from a year earlier in the first quarter, a result that was far below analyst estimates and that forced the chain to slash its annual earnings guidance. It recorded yet another decline in comparable sales in the second quarter, with weakness in the home goods, footwear and women’s apparel departments contributing to the gloom.The company has promised the back half of the year will look significantly better largely thanks to two major projects: Accepting returns of Amazon.com Inc. purchases in its stores and adding a slew of new brands to its lineup. If there’s not clear evidence in the holiday rush that these initiatives are getting quick traction, it will raise serious doubts about the feasibility of a Kohl’s turnaround.Kohl’s partnership with Amazon is one of the more intriguing in the retail industry. In theory, it should be a win-win situation, allowing Kohl’s stores to get a stream of new foot traffic and allowing Amazon to offer the convenience of returns in physical stores — something many shoppers prefer to returns by mail.By the time holiday season heats up, Kohl’s will have had plenty of time to publicize this service. And the end of the holiday rush generally tends to be a peak time for merchandise returns. So this is kind of a natural experiment to see whether shoppers will take advantage of Kohl’s program and whether Kohl’s can convert any increased foot traffic into sales growth.Kohl’s executives have also been talking a big game about the benefits they should reap in the holiday quarter from a “record level of newness” — retail jargon that basically means they have an unusually large batch of new brands coming into its stores in time for the holiday season.Among its refreshed offerings are Nine West shoes, an exclusive women’s line by luxe designer Jason Wu and a home goods label from the stars of HGTV’s “Property Brothers.” A press release last week also ticked off a laundry list of beauty brands that are coming to Kohl’s, demonstrating its sensible investment in a category that has been a retail industry bright spot in recent years.Kohl’s deserves some credit for understanding that better merchandise is at the heart of any retailing turnaround. But if all this effort at giving customers something new doesn’t contribute meaningfully to fourth-quarter comparable sales, then Kohl’s will have wasted time in its attempt to strengthen its merchandise.It’s not that Kohl’s doesn’t have other ways to shore up the business. It is also shrinking its stores to help with profitability and experimenting with new in-store presentations.But if these two big ones — the Amazon partnership and stable of new brands — don’t quickly pay off in the form of improved traffic and stronger comparable sales, then investors will not be happy. And in its continuing battle against the digital onslaught, the retail industry will have yet another data point about what doesn’t work.To contact the author of this story: Sarah Halzack at email@example.comTo contact the editor responsible for this story: Michael Newman at firstname.lastname@example.orgThis 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.
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll apply a basic P/E...
The ratings on nine principal and interest (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. Moody's rating action reflects a base expected loss of 3.7% of the current pooled balance, compared to 3.6% at Moody's last review. Moody's base expected loss plus realized losses is now 2.8% of the original pooled balance, compared to 3.1% at the last review.
Retailers will surely be looking for green shoots of consumer spending in hopes for improved business activities during the festive period.
Kohl's Corp. said Thursday that it will partner with Facebook Inc. in 2020 to select and engage with brands that will be included in its recently launched platform, Curated by Kohl's, and its platform for emerging beauty and skincare brands, The Beauty Checkout. Curated by Kohl's and The Beauty Checkout both launched in October. Curated by Kohl's features a rotating lineup of brands that will change every quarter. The first group includes women's underwear brand Adore Me, stacking bracelet brand Luca + Danni, and United by Blue, a brand that sells eco-friendly bags, drinkware and reusable straws. The beauty brands included in the first quarter of The Beauty Checkout includes Cleo & Coco, a brand of natural deodorant and Lucie & Pompette face polish. Other brands introduced in stores and online recently include ED Ellen Degeneres Pet Collection, Nine West, and the Koolaburra by Ugg home collection. For the holidays, Kohl's will launch Elizabeth & James, the fashion brand from Mary-Kate and Ashley Olsen, and JW Jason Wu, a limited edition capsule collection. Both launch in November. Kohl's stock is down 28% over the last year while the S&P 500 index is up 6.4%.
Starting in 2020, Kohl's will enlist Facebook to find trending brands in the beauty and wellness category to highlight on the retail giant's Beauty Checkout platform, which the chain launched in October.
Kohl’s (KSS) today announced a donation of $1.5 million over three years to the Zoological Society of Milwaukee to continue the Kohl’s Wild Theater (KWT) program at the Milwaukee County Zoo. This educational and engaging program provides conservation-themed theater performances using drama, songs, humor and puppetry to inspire families to care about nature and animals.
Kohl’s (KSS) invites families to celebrate and give back this holiday season with its new Kohl’s Cares holiday collection, which includes special books and plush bundles featuring everyone’s favorite characters from Disney Frozen 2, Elmo, the Grinch and more. Each plush and book bundle in the collection gives families fun ways to connect with each other and their favorite characters this season, with 100 percent of Kohl’s net profit benefiting nonprofit organizations that improve the health and wellness of children and families nationwide. Priced at just $9 each, the Kohl’s Cares holiday collection is available now for a limited time while supplies last at all Kohl’s stores nationwide and on Kohls.com.
The past trend shows that holiday season shopping euphoria is losing its craze, per Coresight. These retail ETFs may be hit hard if that be the case.
Kohl’s Corp. is facing another leadership change with the upcoming retirement of chief financial officer Bruce Besanko. The retailer announced Thursday that Besanko would leave Kohl’s (NYSE: KSS) at the end of the fiscal year. Chief executive officer Michelle Gass thanked Besanko for his contributions in the retirement announcement.
Kohl's Corp. said late Thursday that Bruce Besanko has decided to retire from Kohl's at the end of the fiscal year and will step down from his position as chief financial officer effective Nov. 1. Jill Timm, Kohl's finance vice president, will be promoted to CFO, Kohl's said. Besanko will remain a senior adviser until his departure to help with the transition, the retailer said. Kohl's shares were flat in the extended session after ending the regular trading day up 2.8%.
Kohl’s (KSS) today announced that Bruce Besanko has decided to retire from Kohl’s at the end of the fiscal year and will step down from his position as Chief Financial Officer, effective November 1. At that time, Jill Timm, Kohl’s Executive Vice President of Finance, will be promoted to Chief Financial Officer (CFO). Besanko will remain in a Senior Advisor role until he departs the company to assist with the CFO transition and provide support for current company initiatives.
Hasbro, Kohl's, Charles Schwab, E-Trade and TD Ameritrade highlighted as Zacks Bull and Bear of the Day