- Kohl's has seen flat sales over the past several years.
- To cover up a lack of sales growth, EPS has been boosted by share buybacks.
- Management has worked towards making some significant changes that they hope will drive future sales higher.
- We may see a beat in Q3 2014 due to more share buybacks, the back to school season, and these other changes taking place.
- Long term doubts remain, investors both long and short would be better served looking elsewhere.