|Bid||72.78 x 800|
|Ask||74.00 x 800|
|Day's range||73.58 - 73.95|
|52-week range||35.33 - 79.92|
|PE ratio (TTM)||14.15|
|Earnings date||21 Aug 2018|
|Forward dividend & yield||2.44 (3.12%)|
|1y target est||70.88|
Citigroup downgraded Kohl’s (KSS) to “neutral,” according to a CNBC report. Citigroup analyst Paul Lejuez said that it’s still a challenge for Kohl’s to drive traffic on its own without partnerships with other retailers. Kohl’s stock fell 3.2% to $73.28 on June 14.
The retailer surprised investors with a massive 6.3% comparable sales gain in the final quarter of fiscal 2017. Learn about the bold moves management is making to drive that growth.
The recent run in Kohl's stock means it's time to "step aside," according to Citigroup, which downgrades the company to neutral from buy on lingering fears of weak traffic.
On July 3rd, the Betty Brinn Children’s Museum will introduce Science CITY, a new feature exhibit dedicated to STEM (science, technology, engineering and math) education presented by Kohl’s Cares. Science CITY reflects the Museum’s commitment to providing experiences that foster a child’s interest in STEM subjects that are important for academic success and help them build the 21st century skills – collaboration, creativity, critical thinking, and problem solving – that will be key to living, working and learning in the future. Science CITY was designed to be part warehouse, part superstore, part clubhouse, and part laboratory, and was developed using early learning and state and national academic standards, including Next Generation Science Standards (NGSS).
After struggling for years, some old-fashioned retailers are beginning to see dividends from their investments in e-commerce and other initiatives.
Kohl’s (KSS) today announced a donation of $160,000 to Ronald McDonald House Charities® of Eastern Wisconsin, Inc. (RMHC) to support the organization’s mission of keeping families together while children are receiving medical treatment at Milwaukee-area hospitals. The funding will be used to refresh facilities at the House, as well as continue Kohl’s support of the RMHC hospitality cart at Children’s Hospital of Wisconsin and on-site art and musical therapy programs and services for patients. “Kohl’s is proud to support the Ronald McDonald House Charities of Eastern Wisconsin and its commitment to families in our community,” said Jen Johnson, Kohl’s senior vice president of corporate communications.
Macy's stock is on a tear, tracking for the best annual performance since 2009, but some are skeptical about the prospects.
On the 27 June 2018, Kohl’s Corporation (NYSE:KSS) will be paying shareholders an upcoming dividend amount of $0.61 per share. However, investors must have bought the company’s stock before 12Read More...
A rally in retail stocks has Wall Street hopeful the industry's worst days are behind it. One technical analyst says the charts support investors' optimism.
In early May, Sears Holdings (SHLD) inked a partnership with Amazon (AMZN) under which Sears agreed to install car tires at its US Sears Auto Centers for customers who purchase them from Amazon.com. Sears also sells its DieHard car tires and batteries on Amazon under an extended deal.
Management recently shared its thoughts on brand strategy, the shaping of customer e-commerce habits, and lifting store traffic.
It’s been a healthy Q1 reporting season across Corporate America. Indeed, according to calculations from data provider Bloomberg, 78.6% of the S&P 500 members that have announced results thus far have exceeded EPS expectations, compared to only 15.3% that have trailed consensus analyst forecasts. Looking ahead, Standard & Poor’s now projects that earnings per share for the S&P 500 will jump from $124.51 in 2018 to $157.24 this year to $174.47 in 2019, with comparable estimates from Bloomberg.
Forward PE (price-to-earnings) multiples are one of the most common metrics that inform investment decisions. Forward PE is arrived at by dividing the stock price by analysts’ earnings estimates for the next four quarters. As of May 22, Kohl’s (KSS) was trading at a 12-month forward PE ratio of 11.2x.
On May 22, Kohl’s (KSS) stock fell over 7.4% after the company posted first-quarter results. The company reported net sales of $3.95 billion, which was marginally better than the analyst estimate. The company’s adjusted EPS (earnings per share) of $0.64 came in better than the Wall Street estimate of $0.50. Also, comps rose 3.6% in the first quarter driven by strength in both store and digital comps.
Kohl’s (KSS) adjusted earnings in the first quarter were $0.64, much better than analysts’ estimate of $0.50 and Q1 2017’s adjusted earnings of $0.39. On a reported basis, earnings came in at $0.45, up 15.4% on a year-over-year basis. Higher revenue and profits offset the impact of rising expenses as well as a loss on the extinguishment of debt.
Other revenue came in at $255 million as against $250 million reported in the prior-year quarter. The company has changed its revenue recognition practice and is now considering revenue from credit card operations under the Other revenue segment. Earlier, revenue from credit card operations was recorded as a reduction from the SG&A (selling, general and administrative) expenses.
Last Thursday Macy's beat quarterly sales and earnings expectations and many on Wall Street promptly lost their mind. Same story with Dillard's. Then Kohl’s followed up earlier this week with a similarly surprising upside report that led some to conclude that maybe, just maybe, the long-beleaguered department store sector might be seeing a resurgence or—dare we say it out loud?—the beginning of a renaissance. To be sure, both Macy's and Kohl's sales and profits were much improved over last year.
Kohl’s Corp. partnership with Amazon.com Inc. may still be in the pilot stage, but analysts think it’s already giving business a boost, attracting millennial shoppers that may not otherwise have been interested. Kohl’s (KSS) announced in September 2017 that it would partner with Amazon (AMZN) for returns at select stores. Executives offered little in the way of an update about the program during Tuesday morning’s earnings call except to say that after six months it continues to be “a positive experience for both our customers as well as Amazon customers.” But Neil Saunders, managing director at GlobalData Retail says the program is doing much more than that.
U.S. stocks ended lower on Tuesday, weighed down by lingering uncertainty over the outcome of trade talks between the United States and China and declines in energy and industrial shares. President Donald ...