64.37 -0.03 (-0.05%)
After hours: 4:09PM EST
|Bid||59.41 x 200|
|Ask||62.45 x 100|
|Day's range||63.80 - 65.57|
|52-week range||35.16 - 69.14|
|PE ratio (TTM)||17.00|
|Earnings date||1 Mar 2018|
|Forward dividend & yield||2.20 (3.35%)|
|1y target est||65.35|
Kohl’s today announced the continuation of its partnership with the Milwaukee Public Museum , donating $1.5 million over three years to support a new educational initiative, MPM and Kohl’s on the Move, bringing Museum-led programming to schools, libraries and community centers across Wisconsin.
The U.S. retail sector will be one of the biggest beneficiaries of a lower corporate tax rate, and companies with high free cash flow yields look particularly attractive.
Most businesses have a lot to gain from the new tax law, but the retail space in particular is cheering the impact it'll have on their bottom lines.
Sears Holdings (SHLD) is expected to report its fiscal 4Q17 results in March 2018. In fiscal 3Q17, which ended on October 28, 2017, adjusted loss per share of $2.64 came in narrower than analysts’ expectations of loss per share of $4.46 driven by the company’s strategic initiatives. Sears reported sales of $3.7 billion, which beat the analysts’ estimate of $3.3 billion but fell 27.2% YoY (year-over-year) due to store closures as well as the reduced assortment of consumer electronics merchandise.
Kohl’s today announced the continuation of its partnership with Penfield Children’s Center in Milwaukee, donating $2.4 million over three years to support the Kohl’s Building Blocks program.
The conventional wisdom is that traditional retail is dead. It's a performance that even inspired bitcoin comparisons by Guggenheim analyst Robert Drbul in a note on Wednesday. Among the big sales drivers for Kohl's are sneakers and workout clothes.
The Zacks Analyst Blog Highlights: Seagate, Kohl's, Boeing, Marathon Petroleum and ConocoPhillips
Kohl's stock has nearly doubled since early June because of a recent acceleration in sales. What are the chances that it will keep moving higher?
Kohl’s today announced 28 local non-profits as recipients of a combined $500,000 in grants through Kohl’s new Hometown Giving Program. The organizations will use the funding for programs within Milwaukee County focused on areas such as poverty, safety and education.
As we mentioned in the previous article, Kohl’s (KSS) stock surged 4.1% on January 19 as Jeffries increased its price target to $100.00 from $66.00. Jefferies’ updated price target reflects a potential upside of ~48.0% compared to the company’s closing stock price of $67.54 on January 19. Kohl’s partnership with Amazon (AMZN) is one of the vital reasons behind Jefferies’ decision to raise its price target for Kohl’s stock.
Kohl’s (KSS) stock rose 4.1% on Friday, January 19, as Jeffries raised its price target for the mid-tier department store chain. Jeffries increased its price target for Kohl’s stock from $66.00 to $100.00. Jefferies recommends a “buy” rating for Kohl’s stock.
A slew of department stores and big-box retailers have reported better-than-expected holiday season results. Will that translate to stronger profitability?
Retail trends improved dramatically during the holiday months compared to the rest of 2017, lifting many department stores out of their recent sales funk.
Along with the benefits of lower corporate taxes and companies' redoubled efforts to hit back against ecommerce and Amazon.com (AMZN), that has led to growing optimism about the sector. Kohl's (KSS) got a boost from reporting its holiday sales, unlike other department stores like Macy's (M) and J.C. Penney (JCP), and today got another vote of confidence from Jefferies, which asserts the shares could rise another 50%. Analyst Randal Konik and his team reiterated a Buy rating and raised their price target to $100 from $66 on Friday, writing that Kohl's is meeting the digital revolution "head on" and beating out its peers, which should lead to rising sales, expanding margins, and better-than-expected earnings.