|Bid||0.00 x 800|
|Ask||47.56 x 900|
|Day's Range||47.09 - 48.39|
|52 Week Range||47.08 - 83.28|
|Beta (3Y Monthly)||1.15|
|PE Ratio (TTM)||9.89|
|Earnings Date||Aug 19, 2019 - Aug 23, 2019|
|Forward Dividend & Yield||2.68 (5.65%)|
|1y Target Est||62.63|
Moody's rating action reflects a base expected loss of 3.5% of the current pooled balance, compared to 3.6% at Moody's last review. Please see www.moodys.com for any updates on changes to the lead rating analyst and to the Moody's legal entity that has issued the rating.
Kohls Corp NYSE:KSSView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate and declining * Economic output in this company's sector is contracting Bearish sentimentShort interest | NeutralShort interest is moderately high for KSS with between 10 and 15% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on June 13. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding KSS are favorable, with net inflows of $9.85 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. KSS credit default swap spreads are rising towards their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
The top two department store chains have had radically different experiences with their off-price retail experiments.
Consumer spending has taken a backseat in the first quarter. The US economy is facing headwinds like slower tax refunds, declining job numbers, and escalating trade tensions. The trade war is a major headwind for apparel retailers.
Dillard's (DDS) gains from trendy product offerings as well as store growth and omni-channel efforts. This places it ahead of peers in an evolving retail space.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Kohl's Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Changing consumer preferences and buying habits and the presumed death of brick-and-mortar stores have been hanging over the sector for years now, but the more recent trade wars and tariffs are adding fuel to the fire. Take Kohl's Corp. The stock had a huge day on April 23, rising 12% due to news of a partnership with Amazon.com Inc.
It's time to dive into what investors should expect from Lululemon's (LULU) first quarter fiscal 2019 financial results that are due out after the closing bell Wednesday.
Kohl’s Corp. will end the test of its discount store concept known as Off/Aisle. When Kohl’s announced the initiative about four years ago, a company spokeswoman said Off/Aisle will allow Kohl’s to test different ways to sell customers off-price products. The plan surfaced shortly after Cincinnati-based Macy’s Inc. launched its own four-store pilot of discount stores called Macy’s Backstage.
Kohl’s (KSS) today announced a donation of $150,000 to Ronald McDonald House Charities® of Eastern Wisconsin, Inc. (RMHC) to further the organization’s mission of keeping families together and promoting the health and well-being of children. The funding will introduce a new hospitality basket program aimed at alleviating financial burdens for families during extended stays, expand the art engagement program and update House amenities, in addition to continuing to support other RMHC programs and services. “Kohl's is proud to continue our partnership with Ronald McDonald House Charities Eastern Wisconsin,” said Jen Johnson, Kohl’s senior vice president, corporate communications.
It's easy to match the overall market return by buying an index fund. Active investors aim to buy stocks that vastly...
Well-informed customers means the retail landscape remains “promotional,” according to Lands’ End Inc. chief executive officer Jerome Griffith. The Dodgeville-based retailer reported its first-quarter earnings this week, citing a net loss of $6.8 million, or 21 cents loss per share. During a conference call with analysts, Griffith said he thinks Lands’ End came out of the quarter “relatively OK,” noting the 12% increase in comparable store sales at established company-operated stores in the U.S. The first quarter was tough for U.S. retailers, including Menomonee Falls-based Kohl’s Corp. Following a 3.4% decrease in comparable sales for its first quarter, Kohl’s executives said the department store chain would be more aggressive in its pricing and promotions.
[Editor's note: This story was previously published in March 2019. It has since been updated and republished.]My InvestorPlace colleague Dana Blankenhorn recently wrote about the death of retail stocks. His conclusion was simple: Only those retailers who are saving people time and/or money will survive. End of story. InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhether they're shopping with brick-and-mortar, online only, or omnichannel entities, consumers are no longer interested in a leisurely stroll at the mall. They want to get in and get out. Even better if they never have to step foot in one ever again. Of course, I'm simplifying Dana's conclusions. He does mention several old school retailers who're doing well including Kohl's (NYSE:KSS) and Target (NYSE:TGT), but if you work in retail and are looking for a happy ending, Dana's not the person to perk you up. I don't see retail in quite the same light. Sure, stores are still closing, but it's my belief that everything happens for a reason. In this case, retailers opened too many stores, and landlords willy-nilly took on their leases with no thought about the long-term health of their malls. * 6 Big Dividend Stocks to Buy as Yields Plunge But despite all the doom and gloom, across the globe, there continue to be stories of retail stocks winning in 2019 and beyond. These are my best bets when it comes to retail stocks to buy. Tractor Supply (TSCO)Any time I read a story about this Tennessee-based lifestyle retailer, I'm tickled pink. I haven't written about Tractor Supply (NASDAQ:TSCO) much in recent years -- I recommended TSCO stock in March 2015 shortly after it was added to the S&P 500 -- so when I saw Market Watch contributor Tonya Garcia's story about the company, I just had to put it on my list. As Garcia states, Tractor Supply serves consumers looking for the rural lifestyle. The weekend warrior if you will. "We sell everything else but the tractor. Anything for an authentic rural lifestyle," Mary Winn Pilkington, vice president of investor relations and PR at Tractor Supply, told Marketwatch. "We like to say that our team members not only know our customers names, we know their animals names."The beauty of Tractor Supply is that almost everything it sells you can buy elsewhere. However, by going to TSCO, you're avoiding multiple stops. That's one of its biggest advantages. The other is a loyalty program 11-million strong that generates half its annual revenue. Should the economy go in the tank, Tractor Supply is a retail stock that won't be nearly as vulnerable to shifting consumer sentiment, making it a relatively safe retail stock to buy. Lululemon (LULU)Although I didn't pick Lululemon (NASDAQ:LULU) in InvestorPlace's 10 Best Stocks for 2019 -- that honor goes to Canada Goose (NYSE:GOOS) which I discuss below -- I kind of wish I had. I got my wife a LULU gift card for our wedding anniversary in February. We recently stopped in at the only Lululemon store currently open in Halifax, Canada; it was packed on a Saturday afternoon. So busy, in fact, that we decided to leave because we couldn't get any service. Now don't misinterpret what I'm saying. Would I have liked to have gotten better service? Sure. But if you know anyone who's worked in retail for a long time, sometimes a store gets so busy, service standards go out the window. I've been in plenty of LULU stores and know it generally brings good service to the table. I've been recommending LULU stock for a number of years because its apparel for both women and men is outstanding. So too are its same-store-sales growth and profit margins. It also doesn't hurt that analysts like it. "Lululemon has an enviable competitive position with a powerful combination of highly productive stores, aspirational proprietary product, a healthy e-commerce channel, and the potential to still more than double revenue as the concept continues to expand around the globe," analysts from William Blair wrote. * 6 Big Dividend Stocks to Buy as Yields Plunge I couldn't agree more. Canada Goose (GOOS)Although I picked Canada Goose as the best stock for 2019, I personally wouldn't own it given I disagree with its treatment of coyotes and geese. Recently, Bill Maher, the host of HBO's hit show, "Real Time," had some not-so-kind words for the company. "New rule: No more d**ches. I mean the hipster d**ches who piss away $1,000 on a Canada Goose parka and the hipsterazzi who max out their credit cards to look like them," Maher said. He went on to describe how coyotes and geese are mistreated in the name of commerce. To be fair, Canada Goose maintains that PETA misrepresents the truth and has for some time. Suffice to say, it's an ongoing debate. However, just because I disagree with the company's choice of materials, doesn't mean I can't defend its business model. From a purely business perspective, its sales growth, profit margins, and perfect balance between wholesale, brick-and-mortar, and e-commerce makes it a very competitive retailer. CEO Dani Reiss is a billionaire as a result of the company's success, and its continued success makes it a good stock to buy. If he and all of the other Canada Goose employees can sleep at night, who am I to doubt the veracity of its claims? Best Buy (BBY)MarketWatch contributor Jeff Reeves recently published an article that counters the idea that brick-and-mortar retail is dead. Best Buy (NYSE:BBY) and the next two stocks that follow are three of Jeff's ideas that I also believe make sense. The Best Buy of today is nothing like the struggling electronics retailer CEO Hubert Joly took over in 2012. In six years, it's figured out how to utilize its overly large real estate footprint, and to battle Amazon (NASDAQ:BBY) in the e-commerce arena, something no one could have imagined it could do when Joly came on board. It's one of the biggest success stories in 21st century retail. On February 27, Best Buy announced adjusted earnings per share in the fourth quarter of $2.72, 16 cents higher than the consensus estimate. Equally as impressive, analysts expected same-store-sales growth of 1.8% in the quarter. It delivered 3%, well ahead of expectations. To celebrate the solid year, Best Buy also announced it was increasing its quarterly dividend by 11% to $0.50 a share. Paying $2 on an annual basis, BBY stock yields a healthy 3.15%. In fiscal 2020, analysts, on average, expect to report earnings per share of $6, putting its forward EPS at a very affordable ten. * 6 Big Dividend Stocks to Buy as Yields Plunge As long as Joly is in the top job, all is well at Best Buy, and it's a good stock to buy. Bed, Bath & Beyond (BBBY)Although Best Buy and Bed, Bath & Beyond's (NASDAQ:BBBY) stock tickers are very similar, the state of their businesses, not to mention their respective valuations, are entirely different. As Reeves suggested, BBBY is a value play, trading at 6 times the consensus forward earnings estimate and 0.14 times sales. Before we get too excited, it's important to remember that Bed, Bath & Beyond's business has been in decline for a couple of years. A better-than-expected Q3 2018 report in January helps, but when you've been experiencing declining same-store sales for several quarters, that's not going to get BBBY's stock price back into the $80s where it traded in 2015. On the plus side, BBBY finished the third quarter with $1 billion in cash and short-term investments, double the amount a year earlier. In the first nine months of 2018, Bed, Bath & Beyond's free cash flow was $408 million, 79% higher than in the same period last year. I could think of worse things to do than getting paid $0.64 annually in dividends (4.1% yield) while you wait for BBBY stock to revert to its historical norms. It's not a slam dunk mind you, but if you're a value investor, it's still reasonably cheap. Five Below (FIVE)After three consecutive years with annual total returns of 20% or more, discount retailer Five Below (NASDAQ:FIVE) appears to be taking a breather so far in 2019. I first jumped on the Five Below bandwagon in April 2017 arguing that its $5 or less concept was very attractive to teens and pre-teen customers. As a result, it would deliver strong returns for shareholders over the next decade. I still feel this way. On March 7, Oppenheimer initiated coverage of the company with an "outperform" rating. "It operates a unique and defensible small-store format and enjoys significant opportunity for further, outsized unit expansion, for the foreseeable future," Oppenheimer analysts stated in a note to clients. "Improving brand recognition and a superior merchandising acumen position FIVE to capture share as other, less well-positioned operators falter… In our view, investors are apt to continue to pay up for industry-leading sales and EPS growth prospects. * 6 Big Dividend Stocks to Buy as Yields Plunge Oh, and case you're wondering about the quality of management, CEO Joel Anderson used to be the CEO of Walmart's (NYSE:WMT) online division before joining Five Below in 2014. LVMH (LVMUY)Unless you live in Europe, you might not have heard of Bernard Arnault, CEO of LVMH (OTCMKTS:LVMUY), the company behind Christian Dior, Louis Vuitton, Glenmorangie, Veuve Clicquot, Guerlain, TAG Heuer, DFS, and Sephora. On March 7, Arnault moved into third place on the Bloomberg Billionaires Index with a net worth of $83.1 billion, surpassing Warren Buffett.Arnault got started in luxury goods in 1984, buying the bankrupt company that owned Christian Dior. Selling all of that company's assets (except for Dior), he piled that money into buying a majority stake in LVMH. The rest is history. In February, rumors started to circulate that LVMH was interested in acquiring Pernod Ricard (OTCMKTS:PDRDY), the French-based spirits company, whose brands include Chivas Regal, Absolute, Havana Club, and Jameson. While the Pernod-Ricard brands aren't nearly as high end as LVMH's, a possible deal in partnership with Diageo (NYSE:DEO) could allow it to buy back the 34% Diageo holds in LVMH's drinks business.With LVMH and Five Below in your portfolio, you'll cover the entire spectrum of consumer taste. As of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Heavily Shorted Stocks to Sell -- Because the Bears Are Right * 7 Bank Stocks to Leave in the Vault * 7 Stocks for You to Profit From (Legal) Insider Trading Compare Brokers The post 7 Retail Stocks Winning in 2019 and Beyond appeared first on InvestorPlace.
The ratings on two P&I classes, Cl. C and Cl. D, were upgraded primarily due to an increase in defeasance since Moody's last review as well as Moody's expectation of additional increases in credit support resulting from the payoff of loans approaching maturity that are well positioned for refinance. The ratings on the remaining five 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 0.9% of the current pooled balance, compared to 0.6% at Moody's last review.
, distribution partners can make or break sales trends. Most prominent among its partners in the space would be J.C. Penney and Macy's, which are seen as buoys to make up for the loss of sales in the wake of Sears Holding Corp.'s recent bankruptcy. "Collectively, Macy's and J. C. Penney Company, Inc., two of our ten largest customers in 2018, have closed over 200 stores since 2016 and will be closing additional stores," PVH's 10-K recognizes.
The latest comments by Dick's CEO Ed Stack show the partnership between Under Armour and its biggest wholesale customer is on the upswing.
The tech giant has inked a deal with an unlikely old-school retailer as it attempts to simplify the returns process and reduce costs.