79.52 0.00 (0.00%)
After hours: 4:22PM EDT
|Bid||79.21 x 900|
|Ask||79.80 x 1400|
|Day's Range||79.26 - 80.32|
|52 Week Range||37.97 - 82.42|
|PE Ratio (TTM)||13.89|
|Earnings Date||Nov 20, 2018|
|Forward Dividend & Yield||2.44 (3.02%)|
|1y Target Est||82.06|
Kohl’s (KSS) has beaten its sales estimates in the first quarter and the second quarter. Kohl’s has reported YoY (year-over-year) growth of 3.6% in the first quarter and 3.9% YoY growth in the second quarter. In the first quarter, Kohl’s total revenues (net sales plus other revenues) rose 3.5%. Kohl’s total revenues for the second quarter rose ~4.0%.
In the past 15 days, there has been just one price target action for Kohl’s (KSS) stock. On September 4, Goldman Sachs initiated coverage on Kohl’s stock with a “buy” rating and a price target of $91.00. Under its multiyear Greatness Agenda strategy, Kohl’s is revamping its merchandise assortment, emphasizing the omnichannel/digital experience, and optimizing its marketing spending across channels.
Kohl’s (KSS) today announced its donation of $500,000 to the American Red Cross, which is delivering vital emergency supplies and services to the communities affected by Hurricane Florence in North Carolina and South Carolina. In addition, the retailer will provide opportunities for associates and customers to support hurricane relief efforts by donating to the American Red Cross on Kohls.com or at the checkout area located within Kohl’s stores nationwide. “Kohl’s is grateful our donation to the American Red Cross will help support our thousands of associates and customers who have been impacted by Hurricane Florence,” said Michelle Gass, Kohl’s chief executive officer.
Can Kohl’s stock sustain its momentum? Kohl’s (KSS) stock has risen 46.2% year-to-date. The growing clout of online retailers has adversely impacted department stores’ business. As a result, department stores such as Kohl’s have taken to expanding their digital—especially mobile—and omnichannel capabilities to retain their market share.
Kohl’s (KSS) invites families to celebrate the holiday season by giving the happiest gifts on earth from the new Kohl’s Cares® Holiday collection that features Mickey Mouse and Friends. The Disney Mickey Mouse and Friends themed merchandise, available now in Kohl’s stores nationwide and on Kohls.com/Cares, empowers children and their families to nurture their creativity as they read and play. Whether young readers are enjoying their first book from start to finish or families are spending time with characters in the Mickey Mouse Club through the 5-minute stories and activities, Disney enthusiasts of all ages will enjoy the books in this season’s Kohl’s Cares collection. Priced at $5 each, the books and their coordinating plush pals make great gifts, with 100 percent of Kohl’s net profit benefiting charitable organizations nationwide.
Moody's Investors Service, ("Moody's") has affirmed the ratings on thirteen classes in WFRBS Commercial Mortgage Trust 2014-C24, Commercial Mortgage Pass-Through Certificates Series 2014-C24 ...
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on September 11. Index (PMI) data, output in the Consumer Services sector is rising.
Amazon (AMZN) is steadily changing minds. Apparel retailer J.Crew has now joined the growing list of big-name retailers lining up to sell their items on Amazon’s online marketplace. It once rejected the idea of listing products on Amazon’s platform. But times have changed, and understanding seems to have gotten better. And maybe J.Crew is betting that the potential benefits of selling on Amazon will outweigh the risks of doing so since Amazon is currently its competitor in the apparel retail business.
Nordstrom (JWN) was trading at a 12-month forward PE (price-to-earnings) multiple of 17.7x as of September 7. Nordstrom exceeded analysts’ expectations for the fiscal second quarter and raised its outlook for the full fiscal year. As of September 7, Nordstrom’s department store rivals Macy’s (M) and Kohl’s (KSS) were trading at 12-month forward PEs of 9.5x and 14.1x, respectively.
Nordstrom’s (JWN) revenue grew 6.7% to $7.6 billion in the first half of fiscal 2018. Nordstrom’s fiscal second-quarter revenue growth was higher than its 3.9% growth in the second quarter of fiscal 2017 and 6.2% growth in the first quarter of fiscal 2018. Nordstrom’s revenue comprises its retail net sales and credit card revenue.
Nordstrom (JWN) stock surged 4.6% last week. The upscale department store is up 38.7% on a YTD (year-to-date) basis. On September 4, Goldman Sachs initiated coverage with a “buy” rating and a price target of “73,” and the stock reacted positively.
In this article I am going to calculate the intrinsic value of Kohl’s Corporation (NYSE:KSS) by taking the foreast future cash flows of the company and discounting them back toRead More...
NORTH CANTON, Ohio, Sept. 10, 2018 /PRNewswire/ -- Diebold Nixdorf (DBD) today announced the appointment of Bruce H. Besanko, a retail industry veteran with a history of financial leadership positions, to the company's board of directors as an independent director. Effective immediately, Besanko will serve on the board's finance committee and will replace outgoing director Rajesh K. Soin, who was first elected to Diebold, Incorporated's board of directors in 2012. Besanko is currently the chief financial officer of Kohl's Corporation (KSS), a national retailer.
NEW YORK, NY / ACCESSWIRE / September 5, 2018 / Wall Street finished in the red on Tuesday as investors focused on the latest trade negotiations between the U.S. and Canada, potentially paving the way ...
Shares of Nordstrom Inc. (jwn) are up 1.5% in Tuesday morning trading after Goldman Sachs analyst Alexandra Walvis initiated coverage of the stock with a buy rating and added it to the firm's conviction list. "We believe Nordstrom is poised for an inflection in growth and returns as investment headwinds fade," she wrote. Walvis is upbeat about the company's "strong omnichannel offer and premium curated product" with its full-price business as well as its "attractive off-price format." She also began coverage of Kohl's Corp. (kss) and TJX Companies Inc. (tjx) with buy ratings.
UAA stock dropped to $20 on the news. Under Armour is expanding its distribution channel. Specifically, they are pouring more product into low-price channels like Kohl’s (NYSE:KSS) and less product into full-price channels like Dick’s. Naturally, then, Dick’s sales of Under Armour apparel will be weak.
Moody's Investors Service ("Moody's") has affirmed the ratings on fourteen classes in J.P. Morgan Chase Commercial Mortgage Securities Trust 2012-LC9 as follows: Cl. A-3, Affirmed Aaa (sf); previously ...
NEW YORK, Aug. 31, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Inter ...
Amazon hit a $1 trillion market cap on Sept. 4, becoming the second U.S. company to achieve this milestone, behind Apple. It's currently valued at more than these 21 other major retailers combined, despite generating significantly less sales.