Kohl's Corporation (KSS) - NYSE
  • Wed, Jul. 27, 8:27 AM
    • Kohl's (NYSE:KSS) formally announces a new partnership with Under Armour (NYSE:UA). The new initiative was tipped off yesterday during Under Armour's earnings call.
    • Under Armour products will be available in early 2017 at Kohl’s stores nationwide and on the Kohl's website. The assortment will cover the women’s, men’s, kids, accessories, footwear, and home categories.
    • Source: Press Release
    | Wed, Jul. 27, 8:27 AM | 16 Comments
  • Mon, Jul. 25, 11:09 AM
    • Apparel store stocks are off and running today on some broad strength.
    • The sector has seen more buying action of late after hitting a prolonged rough patch. A couple of solid reports on June sales from key retailers and some calming down of the recent civil unrest has contributed to improved outlook.
    • Notable gainers include Gap (GPS +3.5%), Nordstrom (JWN +3.3%), L Brands (LB +2.9%), Urban Outfitters (URBN +2.8%), Macy's (M +2.3%), Kohl's(KSS +1.7%), Francesca's Holdings (FRAN +1.5%), Chico's FAS (CHS +2.1%), Tailored Brands (TLRD +1.5%), and DSW (DSW +1.8%).
    | Mon, Jul. 25, 11:09 AM | 1 Comment
  • Wed, Jul. 6, 11:22 AM
    • Shares of Kohl's (KSS +0.5%) have moved higher on a volume spike off some chatter on the company considering a go-private deal.
    • Kohl's is up 2% from its low earlier in the day.
    • Earlier this year, Fortune's Gene Marcial detailed why a leveraged buyout could make sense for Kohl's. His observations came with the stock 20% higher than where it stands today.
    | Wed, Jul. 6, 11:22 AM | 18 Comments
  • Wed, Jun. 15, 10:24 AM
    • Department store stocks are off and running in a surprising move higher. There wasn't an encouraging read on the category in yesterday's retail sales report or anything particularly bullish out from Wall Street today on the sector.
    • Some traders think that names in the sector could see some upside with more "strategic" announcements expected during the slate of investor conference scheduled for this month.
    • Gainers include Sears Holdings (SHLD +9.7%), J.C. Penney (JCP +5%), Kohl's (KSS +3.4%), Macy's (M +3.8%), Nordstrom (JWN +3.8%), Dillard's (DDS +3%), and Stage Stores (SSI +3.2%).
    • Previously: Healthy spending in pockets of retail (June 14)
    | Wed, Jun. 15, 10:24 AM | 17 Comments
  • Thu, Jun. 2, 2:55 PM
    • Michael Kors (KORS +4.1%) weighed in on the department store channel during its earnings call yesterday. The negative stance on department stores could tip off more pressure within the sector (M, JWN, DDS, JCP, KSS) in holding onto some high-end brands.
    • "We believe that the North America retail environment remains highly promotional, which is impacting the long-term brand equity of Michael Kors," said CEO John Idol.
    • "We’ve seen that magnified over the last 12 months and it’s not healthy for the Michael Kors brand,” he added.
    • “We’ll create a healthier demand for our wholesalers and ourselves by reducing the [number of] units we put out there,” summed up Idol on future strategy with department stores.
    • Michael Kors earnings call transcript
    | Thu, Jun. 2, 2:55 PM | 6 Comments
  • Tue, May 24, 9:09 AM
    • Digital content engagement rose 101% at Kohl's (NYSE:KSS) after a Facebook post by an enthusiastic Chewbacca mask buyer went viral (135M views and counting). Candace Payne posted the video over the weekend after buying the mask at a Kohl's store in Texas.
    • Kohl's has already sold out of the Chewbacca mask, but is making the most out of the exposure with several social media tie-ins to Candace Payne and her family.
    • Kohl's could use the extra publicity after comparable-store sales fell 4% in Q1.
    | Tue, May 24, 9:09 AM | 4 Comments
  • Sat, May 14, 11:01 AM
    • The retail sector stays in focus next week with Target (NYSE:TGT), Wal-Mart (NYSE:WMT), TJX Companies (NYSE:TJX), and Ross Stores (NASDAQ:ROST) all due to report on Q1 earnings to follow on a week of dismal reports and guidance from the department store sector (Nordstrom, L BrandsMacy's, Kohl's). Home improvement chains Home Depot (NYSE:HD) and Lowe's (NYSE:LOW) are also due to spill numbers.
    • The story from the Commerce Department's April read of retail sales (+3.0% Y/Y, +1.3% M/M) is one of a consumer spending on housing, entertainment, and personal care/fitness over apparel and general merchandise. The 10% Y/Y gain in the nonstore retailer category also tipped that the Amazon (NASDAQ:AMZN) Effect is magnifying.
    • Amplify ETFs CEO Christian Magoon tells Seeking Alpha that the traditional retail model appears to be broken. Amplify's Online Retail ETF (NASDAQ:IBUY) is a bet on companies such as Netflix (NASDAQ:NFLX), GrubHub (NYSE:GRUB), Blue Nile (NASDAQ:NILE), and Shopify (NYSE:SHOP) that are reeling in millennial dollars.
    • Magoon on retail: "Traditional retailers face the headwinds of higher cost structures including the very real threat of increasing wages in the form of the $15 minimum wage campaign. Less flexible with inventory management, they also are more vulnerable to issues like weather and changing consumer preferences."
    • Retail ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, PBJ, IYK, FXD, IYC, RHS, FDIS, PEJ, FSTA, PSL, SCC, RCD, UCC, PEZ, PMR, PSCC, UGE, PSCD, SZK, BITE.
    • Apparel stocks: KATE, ANN, LULU, PVH, VNCE, CRI, UA, HBI, VFC, COLM, GIL, SQBG, JCP, KSS, DDS, M, JWN, ARO, AEO, ANF, WTSL, TLYS, CACH, ZUMZ, PSUN, EXPR, BKE, GIII, SQBG, HBI, VRA, ICON, SHOO, PERY, DXLG, BONT, GES, URBN, RL,GIL, NKE, OXM, HBI, VNCE, PERY, ICON, FL.
    | Sat, May 14, 11:01 AM | 38 Comments
  • Fri, May 13, 11:25 AM
    | Fri, May 13, 11:25 AM | 2 Comments
  • Fri, May 13, 8:54 AM
    • Tongues are wagging over this mornings's fast April retail sales report, which comes amid a steady flow of weak earnings and lowered guidance from retailers like Macy's (NYSE:M), Kohl's (NYSE:KSS), and Nordstrom (NYSE:JWN), to name just three. So what's up?
    • It turns out consumers are spending plenty, just not at traditional department stores, where sales are lower by 3% Y/Y through the year's first four months. In the meantime, sales at nonstore retailers are higher by 8.1%.
    • Other areas of strength are building supplies up 9.7%, sporting goods up 7.4%, furniture up 5.6%, auto vehicle and parts up 4.5%, food services & bars up 7.4% (Shake Shack is ahead 5% this morning after strong results).
    • Ten-year Treasury prices have given up their gains, with the yield now flat on the session at 1.745%.
    • Consumer ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, PBJ, IYK, FXD, RHS, FDIS, FSTA, RCD, PMR, UGE, SZK, BITE, IBUY
    | Fri, May 13, 8:54 AM | 4 Comments
  • Thu, May 12, 10:47 AM
    • Department store stocks slump after Kohl's (KSS -11.2%) cites broad concerns over consumer spending to go along with a disappointing report on Q1 sales.
    • The frank assessment from Kohl's included the stinger during the earnings call that "consumer aren't buying apparel" as spending goes toward restaurants and experiences.
    • Damage in the sector includes losses for Sears Holdings (SHLD -4.9%), J.C. Penney (JCP -2.3%), Macy's (M -2.2%), Nordstrom (JWN -1.8%), and Dillard's (DDS -3.2%). Most of those names were already down sharply for the week,
    • Previously: Operating margin shrinks at Kohl's (May 12)
    • Previously: Consumer aren't buying apparel - Kohl's epipheny (May 12)
    | Thu, May 12, 10:47 AM | 10 Comments
  • Thu, May 12, 10:39 AM
    • Kohl's (NYSE:KSS) is now down 9.5% after saving some of its bad news for the post-earnings conference call.
    • Management cited a weak back half of the quarter with April sales deteriorating even further. Transactions per store fell 4.1% in Q1.
    • Looking ahead, significant wage pressure in stores and store associate termination packages over relocation are cited as headwinds.
    • The plan to reduce expenses to meet full-year EPS guidance rings a bit hollow.
    • The headliner of the call may be the concession that consumers aren't buying apparel as they plow money into restaurants and "experiences" instead.
    • Kohl's earnings call webcast and Reuters summary.
    • Previously: Kohl's misses by $0.06, misses on revenue (May 12)
    • Previously: Operating margin shrinks at Kohl's (May 12)
    | Thu, May 12, 10:39 AM | 21 Comments
  • Thu, May 12, 9:19 AM
    | Thu, May 12, 9:19 AM | 13 Comments
  • Thu, May 12, 7:17 AM
    • Kohl's (NYSE:KSS) declares $0.50/share quarterly dividend, in line with previous.
    • Forward yield 5.17%
    • Payable June 22; for shareholders of record June 8; ex-div June 6.
    | Thu, May 12, 7:17 AM | 6 Comments
  • Thu, May 12, 7:14 AM
    • Kohl's (NYSE:KSS) reports comparable-store sales fell 3.9% in Q1. Total sales were down 3.7% on a store count up three from a year ago to 1,167.
    • Management said it took the necessary markdowns to clear inventory. Kohl's gross margin rate fell 140 bps to 35.5% of sales. Operating income as a percentage of sales plummeted to 2.7% from 6.8% a year ago.
    • Kohl's ended the quarter with merchandise inventory of $4.084B vs. $4.165B a year ago.
    • KSS -5.04% premarket to $36.75 Shares were already down 13% in the five sessions before today on growing investor anxiety over retail chain stocks.
    • Previously: Kohl's misses by $0.06, misses on revenue (May 12)
    | Thu, May 12, 7:14 AM | 4 Comments
  • Thu, May 12, 7:02 AM
    • Kohl's (NYSE:KSS): Q1 EPS of $0.31 misses by $0.06.
    • Revenue of $3.97B (-3.6% Y/Y) misses by $160M.
    • Press Release
    | Thu, May 12, 7:02 AM | 2 Comments
  • Wed, May 11, 5:30 PM
    | Wed, May 11, 5:30 PM | 3 Comments
Company Description
Kohl's Corp. owns and operates family-oriented department stores. It offers exclusive brand apparel, shoes, accessories and home & beauty products through its department stores. The company's stores offer apparel, footwear and accessories for women, men and children; soft home products, such as... More
Sector: Services
Industry: Department Stores
Country: United States