Why did Kohl's stock move higher today?
May 20, 2021 · So what. Kohl's revenue came in at $3.89 billion, up 60% from the lockdown-era quarter a year ago, but down 5% from 2019 levels. The result still …
Is Kohl's closing stores until further notice?
Bulls Say. Kohl’s yearly digital sales more than doubled between 2015 and 2021 (to $2.7 billion from $5.9 billion), making it one of the largest online retailers in the U.S. Its large store base ...
Was Kohl's' Q2 results ahead of analysts' estimates?
Mar 07, 2022 · Shares of Kohl’s (NYSE: KSS) have plunged 7% today after the company introducing new long-term financial targets. At its Investor Day, Kohl’s said it is looking to achieve low-single digits percent...
Is Kohl's back to normal after its 2nd quarter?
Aug 13, 2014 · Why Kohl’s (KSS) Stock Is Down Today. Kohl’s (KSS) stock is declining as department store stocks react poorly to Macy's (M) weak earnings results. Author: Amanda Schiavo. Publish date: Aug 13 ...
Why is Kohl's stock falling?
Kohl's shares were falling Friday after the retailer's rating was cut to Sell from Neutral by analysts at UBS who expect rising inflation to pressure sales.Jan 7, 2022
Is Kohl's a good stock to buy right now?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Kohl's Corporation stock to perform well in the short-term.
Is Kohl's stock a buy or sell?
Kohl's has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 7 buy ratings, 5 hold ratings, and 2 sell ratings.
Is Kohls stock undervalued?
So, the stock does appear undervalued in the low $60s. If we look at the company's net sales growth (excluding credit card revenues), it was slightly up in 2018 and declined slightly in 2019. However, Covid resulted in a sharp drop in revenues in 2020 with an equally strong recovery in 2021.Mar 18, 2022
Does KSS pay a dividend?
KSS pays a dividend of $1.25 per share. KSS's annual dividend yield is 2.16%. KOHLS's dividend is higher than the US industry average of 2.13%, and it is lower than the US market average of 4.53%.
Why is Kohl's stock going up?
Higher sales combined with rising profit margins will help to drive record earnings per share in 2021, the company said. Still, Kohl's is facing intensifying pressure from discount retailers and e-commerce rivals, which could put its future success in jeopardy.Jan 24, 2022
When will Kohl's pay dividends in 2021?
Who is Gerald Storch?
The dividend is payable September 22, 2021, to shareholders of record at the close of business on September 8, 2021.
Who is Sucharita Kodali?
Gerald Storch; Storch Advisors CEO; Former Toys R Us CEO; Former Hudson's Bay CEO, joined Yahoo Finance Live to break down his thoughts on the retail market and how shopping habits have changed since COVID-19.
What happened
Sucharita Kodali, Forrester Research Retail Analyst, joins Yahoo Finance Live to discuss Amazon looking to replicate China's 11/11 success, retailers competing with Amazon Prime Day and the future of e-commerce.
Now what
Today brings good news and bad news -- but mostly bad news -- for Kohl's (NYSE: KSS) stock shoppers. The stock is down 5.3% in noonday trading (EDT) after investors took a look at Q2 earnings results released this morning and declared them " mixed ."
Shares of the department store chain slipped after it issued a warning and said store closures would continue
That said, Kohl's remains confident that the rest of this year will show improvement. Better same-store sales than in Q1 is a trend that "has continued into August driven by a successful start to the back-to-school season," said CEO Michelle Gass. Problem is, that's not the only trend that will continue.
What happened
Fool since 2011. I write about consumer goods, the big picture, and whatever else piques my interest. Follow me on Twitter to see my latest articles, and for commentary on hot topics in retail and the broad market. Follow @tmfbowman
So what
Despite gains in the broad market today, Kohl's ( NYSE:KSS) shares were sliding as the company's prospects continued to dim in the face of the coronavirus outbreak.
Now what
Like many of its retail peers , Kohl's said it would do the following:
Kohl's survived the second quarter, but sales aren't simply snapping back to normal
With stores likely to be closed for at least weeks, retailers like Kohl's will have significant challenges ahead. The company is in better shape than some of its department store peers, but the stock is likely to continue to decline until there's some indication that stores will be reopening soon.
What happened
After spending more than a decade travelling the world exploring different cultures and languages, I'm happy to now be contributing to the Motley Fool's mission to make the world smarter, happier, and richer. What's great about exploring business and the economy is the insight it gives you into how things are in the world.
So what
Shares of Kohl's ( NYSE:KSS) got crushed on Tuesday, after the company reported results for the second quarter of 2020. After the initial report, the stock was up modestly. But once it held its conference call to discuss its quarterly results, the stock began to fall.
Now what
Kohl's had a rough Q2 with all of its locations closed for at least some of the quarter. Still, the company reported top- and bottom-line results ahead of analysts' expectations. Revenue was "only" down 23% year over year to $3.4 billion. Considering it had 25% fewer operating days than last year, this was actually relatively strong.
A new partnership with Sephora has investors looking up
All told, Kohl's survived the quarter and investors likely expected the worst to be behind it, which is why shares were initially rising pre-market. However, in the earnings call, management said new coronavirus cases impacted sales in July.
What happened
Fool since 2011. I write about consumer goods, the big picture, and whatever else piques my interest. Follow me on Twitter to see my latest articles, and for commentary on hot topics in retail and the broad market. Follow @tmfbowman
So what
Shares of Kohl's ( NYSE:KSS) were moving higher today after the department-store chain announced a new strategic partnership with Sephora, a division of Louis Vuitton Moet Hennessy and the largest specialty beauty retailer in the world. As a result, Kohl's stock was up 15.1% as of 11:17 a.m. EST.
Now what
The companies said that the new partnership, "Sephora at Kohl's," would include 2,500 square-foot Sephora shops prominently located at the front of Kohl's stores. Sephora plans to open 200 of these stores in the fall of 2021, which will expand to at least 850 locations by 2023. There will also be a digital component to the partnership.
Lower earnings beat expectations, but down is still down
Kohl's strategy increasingly appears to be tying itself to other brands in order to drive traffic to its stores. The company controversially partnered with Amazon, and all of its stores now accept Amazon returns. It also teamed up with discount supermarket operator Aldi to sublease excess space in a pilot program at a handful of Kohl's stores.
What happened
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
Now what
Today brings good news and bad news -- but mostly bad news -- for Kohl's ( NYSE:KSS) stock shoppers. The stock is down 5.3% in noonday trading (EDT) after investors took a look at Q2 earnings results released this morning and declared them " mixed ."
