Kohl’s, the struggling chain of department stores, said it will permanently close 27 “underperforming” locations in 14 states, including 10 in California alone as the company takes emergency measures to avoid bankruptcy.The company made the announcement in a press release that included a list of the locations that will be shuttered for good. The closures are scheduled to be completed by April.Kohl’s has faced significant challenges in recent months during which it has seen leadership changes amid dismal ear ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $.01 par value KSS New York Stock Exchange FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 2, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition period from ________ to _________ Commissi ...

Kohl's Corporation (KSS) stock has shown significant volatility, with shares fluctuating between highs and lows over the past year. Overall, the stock has trended downward, reaching a new 52-week low of $14.22 on Nov. 26, showing a stark decline compared with its 52-week high of $29.60.While the current price of $15.43 marks an 8.5% rebound, it still reflects a nearly 48% discount from the high, highlighting a challenging year for the retailer.KSS Stock Navigates Turbulent WatersKSS stock’s volatility over ...

Like the sign in the picture above, Kohl's Corp.'s (NYSE: KSS ) current 13.2% yield carries with it high risk. So, for those familiar with the company and are thinking, I can collect aContributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due diligence. I'm a Navy veteran w ...

My previous investment thought on Kohl's Corp. (NYSE: KSS ) (published on 4th September) was a hold rating because the valuation has already priced in the downside that I expected previously (note I upgraded from sellI focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the medium to long-term. Ult ...

Advertisement Kohl's said comparable sales plummeted 9.3% in the third quarter.Apparel and footwear sales struggled despite strong performances for Sephora and other categories.Growth in revenue from beauty sales at Sephora was one of the few rays of hope.Kohl's continues to fight an uphill battle after sales tumbled following missed opportunities, a decline in footfall, and an overreliance on its partnership with Sephora.Comparable sales at the department store chain fell 9.3% in the three months to Novem ...

Kohl's reported an 11th straight quarterly fall in comparable sales. (Photo by Scott Olson/Getty ... [+] Images)Getty ImagesKohl’s Corp. has reported another disappointing earnings and revenue, and has confirmed a change at the helm. After posting its 11th consecutive quarter of comparable sales decline for the third quarter, Kohl’s also lowered its full-year sales outlook.In the earnings statement outgoing CEO Tom Kingsbury, who will be replaced at the top by Ashley Buchanan - currently the CEO of Michaels ...

Kohl's Corporation (KSS) shares tumbled as much as 18.5% in the pre-marketing session as the company posted dismal third-quarter fiscal 2024 results and lowered its full-year outlook. The company’s top and bottom lines decreased year over year and missed the Zacks Consensus Estimate.Kohl's posted earnings of 20 cents per share, down from earnings of 53 cents posted in the year-ago quarter. The bottom line missed the Zacks Consensus Estimate of 27 cents per share.Find the latest EPS estimates and surprises o ...

Kohl’s will sharpen its focus on value by increasing its inventory of private brands and delivering more targeted offers as it works to reverse its declining sales.The retailer said this Tuesday (Nov. 26) while reporting that during the third quarter, it saw its net sales decrease 8% year over year, while its comparable sales were down 9.3%, according to a Tuesday earnings release.“We are not satisfied with our performance and are taking aggressive action to reverse the sales declines,” Kohl’s CEO Tom Kings ...

Shares of Kohl's Corporation (NYSE: KSS ) have been a poor performer this year, losing 37% of their value, as the department store has struggled mightily to turn around operations. That pain intensified Tuesday as shares plunged 20% amid dourOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me ...