Kohl's Corporation (KSS) - NYSE
  • Mar. 24, 2015, 3:54 PM
    • Buyback-happy U.S. firms are prohibited from repurchasing shares from about five weeks prior to releasing quarterly earnings to about 48 hours after those reports. These blackout periods, says Goldman, may offer an especially tasty time for investors to pick up shares of their favorites.
    • "High valuations in the absence of corporate demand may weigh on stock prices," says Goldman's Amanda Sneider, and particular areas of focus are tech, consumer discretionary, and financials - they've accounted for more than 50% of buyback activity.
    • Goldman's buyback blackout theme buys: SanDisk (NASDAQ:SNDK), Yahoo (NASDAQ:YHOO), Travelers (NYSE:TRV), Apple (NASDAQ:AAPL), Juniper Networks (NYSE:JNPR), Xerox (NYSE:XRX), Torchmark (NYSE:TMK), F5 Networks (NASDAQ:FFIV), Citrix Systems (NASDAQ:CTXS), Aon (NYSE:AON), Moody's (NYSE:MCO), VeriSign (NASDAQ:VRSN), Hartford Financial (NYSE:HIG), Ameriprise (NYSE:AMP), Corning (NYSE:GLW), Time Warner (NYSE:TWX), Seagate Technology (NASDAQ:STX), Viacom (NASDAQ:VIAB), Legg Mason (NYSE:LM), XL Group (NYSE:XL), DirecTV (NASDAQ:DTV), Allstate (NYSE:ALL), Nvidia (NASDAQ:NVDA), CBS (NYSE:CBS), Macy's (NYSE:M), Kohl's (NYSE:KSS).
    | Mar. 24, 2015, 3:54 PM | 32 Comments
  • Feb. 26, 2015, 8:14 AM
    • Kohl's (NYSE:KSS) reports comparable-store sales rose 3.7% in Q4.
    • Gross margin rate fell 14 bps to 33.88%.
    • Operating income rate -33 bps to 10.32%.
    • Merchandise inventory declined 1.55% to $3.814B.
    • Store count +4 Y/Y to 1,162.
    • FY2015 Guidance: Total sales: +1.8% to +2.8%; Comparable-store sales: +1.5% to +2.5%; Gross margin rate: +0 to +20 bps; SG&A expense: +1.5% to +2.5%; D&A: $940M; Interest expense: $335M; Tax rate: 37%; Diluted EPS: $4.40 to $4.60; Capex: $800M.
    • KSS +2.26% premarket.
    | Feb. 26, 2015, 8:14 AM
  • Feb. 26, 2015, 7:21 AM
    • Kohl's (NYSE:KSS): Q4 EPS of $1.83 beats by $0.03.
    • Revenue of $6.34B (+3.9% Y/Y) beats by $10M.
    • Shares +0.16% PM.
    | Feb. 26, 2015, 7:21 AM | 1 Comment
  • Feb. 25, 2015, 5:30 PM
  • Feb. 24, 2015, 11:23 AM
    | Feb. 24, 2015, 11:23 AM | 3 Comments
  • Feb. 20, 2015, 9:52 PM
    | Feb. 20, 2015, 9:52 PM | 35 Comments
  • Feb. 18, 2015, 8:23 AM
    | Feb. 18, 2015, 8:23 AM | 18 Comments
  • Feb. 6, 2015, 8:27 PM
    • U.S. West Coast ports will close this weekend -- 29 of them -- as a nine-month labor slowdown drags on.
    • Loading and unloading is suspended, though the Pacific Maritime Association says some activities will continue.
    • "In light of ongoing union slowdowns up and down the coast which have brought the ports almost to a standstill, PMA member companies finally have concluded that they will no longer continue to pay workers premium pay for diminished productivity," the PMA says.
    • For the union's part: "Closing down the ports over the weekend is a crazy way to do business because it’s hurting customers and adding to the already serious congestion crisis that the industry has created."
    • It's the first time contract talks have led to a West Coast shutdown since 2002.
    • A 10-day lockout back then cost the U.S. economy $1B/day; the same thing today likely costs over $2B/day.
    • Companies noting the impact of a slowdown/shutdown in their reports, or which would likely be affected: (WY -1.8%); (TSN -0.6%); (UNP -0.8%); (LULU -1.3%); (WMT +0.1%); (ANN +3.2%); (M); (KSS +2.3%); (RL -2.1%); (CRI +2.2%)
    | Feb. 6, 2015, 8:27 PM | 49 Comments
  • Feb. 5, 2015, 7:36 AM
    • The labor dispute between ship operators and dockworkers on the West Coast has ratcheted up again to threaten the pace of work at 29 ports in Washington, Oregon, and California.
    • Observers at the L.A. and Long Beach ports say freighters are at anchor with no open berths due to a planned slowdown in progress.
    • Honda (NYSE:HMC) and Subaru (OTCPK:FUJHY) are shipping some parts to the U.S. through air services to avoid the crawl.
    • McDonald's (NYSE:MCD) has airlifted 100 tons of french fries to the region to stock restaurants.
    • Other companies impacted by the development include Gap (NYSE:GPS), Lululemon (NASDAQ:LULU), Wal-Mart (NYSE:WMT), Kohl's (NYSE:KSS), Macy's (NYSE:M), and J.C. Penney (NYSE:JCP)
    • FedEx (NYSE:FDX) and UPS (NYSE:UPS) could see a marginal benefit in some cases from companies facing a parts crunch, observe analysts
    • ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, IYC, FDIS, SCC, UCC, PMR, UGE, RCD, SZK
    | Feb. 5, 2015, 7:36 AM | 10 Comments
  • Feb. 4, 2015, 10:09 AM
    • Kohl's ((NYSE:KSS) +4.3%) reports Q4 comp sales growth of 3.7%.
    • 2014 EPS guidance is updated to $4.20-$4.22 vs. $4.05 consensus.
    • Full results will be released by the department store operator on February 26.
    | Feb. 4, 2015, 10:09 AM
  • Jan. 27, 2015, 3:42 PM
    • Apparel retailers and manufacturers could see lower costs this year as a strong dollar goes a long way toward lowering manufacturing and purchasing expenses overseas.
    • Companies which manufacture overseas or buy from global suppliers to sell largely in the U.S. are in the best position to boost their bottom lines.
    • Cotton prices have also moved in the right direction for the sector.
    • Another factor is the much cleaner inventory position many apparel retailers and department store chains find themselves in heading into the spring selling season.
    • 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, BWS, PERY, DXLG, BONT, GES, URBN.
    | Jan. 27, 2015, 3:42 PM | 3 Comments
  • Jan. 22, 2015, 10:57 AM
    • YouGov is out with its best brands of 2014 ranking.
    • The methodology from the firm is based on positive or negative consumer perception to a brand as tested throughout the year.
    • Top 5 Retail clothing brands: Victoria's Secret (NYSE:LB), Old Navy (NYSE:GPS), Kohl's (NYSE:KSS), Macy's (NYSE:M), and Men's Warehouse (NYSE:MW).
    • Perhaps a surprise, but the two biggest positive movers on the list were Abercrombie & Fitch (NYSE:ANF) and Forever 21.
    | Jan. 22, 2015, 10:57 AM
  • Jan. 7, 2015, 9:48 AM
    | Jan. 7, 2015, 9:48 AM | 7 Comments
  • Jan. 6, 2015, 8:30 PM
    • Shares of J.C. Penney (NYSE:JCP) reached as high as $7.90 in AH trading after the company topped the holiday same-store sales estimates of analysts.
    • The stock hasn't traded over $8 since early December as short interest built up ahead of the holiday report.
    • Per the norm, bulls and bears are battling it out on JCP. Bulls are lauding management for turning the retailer solidly in the right direction, while bears such as Imperial Capital's Mary Ross Gilbert claim margin-crunching promotions drove the sales gain.
    • What to watch: JCP's free cash flow mark at the end of Q4 will be closely-analyzed.
    • Sector fallout: Belus Capital's Brian Sozzi thinks the JCP result indicates other department store chains (JWN, KSS, DDS, M) are also poised to best consensus holiday SSS estimates.
    • Previous on JCP: Sterne Agee warns, holiday sales report.
    | Jan. 6, 2015, 8:30 PM | 8 Comments
  • Jan. 6, 2015, 3:13 PM
    • Kohl's (KSS +0.5%) is taking a number of actions which indicate it might be considering going private, observes Prime Retailer.
    • The department store has increased its focus on gross margins and streamlined operations.
    • Shares of KSS trade at a forward P-E ratio below the sector average.
    | Jan. 6, 2015, 3:13 PM | 1 Comment
  • Dec. 19, 2014, 9:29 AM
    • The Pacific Maritime Association and International Longshore & Warehouse Union are far apart in their negotiations on a new labor contract, according to reports.
    • The ports of Long Beach and Los Angeles have seen a loss of productivity due to worker slowdown actions as the stalemate continues.
    • FedEx (NYSE:FDX) warned yesterday that deliveries to retailers have been delayed more than expected. Both FedEx and UPS (NYSE:UPS) face extra logistical costs due to the shipping delays and could see a slight dip in total volume.
    • Lululemon (NASDAQ:LULU) is one of the few retailers to put a number to the shipment backup, saying Q4 revenue would be impacted by $10M.
    • Other companies viewed as having some risk associated with the slowdown include Wal-Mart (NYSE:WMT), Ann (NYSE:ANN), Macy's (NYSE:M), Kohl's (NYSE:KSS), Ralph Lauren (NYSE:RL), and Carter's (NYSE:CRI).
    | Dec. 19, 2014, 9:29 AM | 6 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