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Kohl's Corporation (KSS)

  • Dec. 24, 2012, 8:20 AM
    Oppenheimer can't get knocked off its bullish stance on J.C. Penney (JCP), saying the increased promotional stance the retailer is taking will pay dividends this holiday season and down the road in 2013. Despite the optimism, the general view from retail analysts is that even if J.C. Penney stops the bleeding, it's still going to be hard to recapture the customers it lost to Macy's (M) and Kohl's (KSS).
    | Dec. 24, 2012, 8:20 AM | 1 Comment
  • Dec. 21, 2012, 1:25 PM
    Tidbits from RetailSails latest mall walk: 1) Gap (GPS -1.4%) saw a tremendous boost from its latest round of promotions. The retailer has "limited" inventory liability to a milder winter and products look "trend right." 2) Aeropostale (ARO -3.7%) was a disappointment with too many basics and lack of fresh fashions. 3) A strong comeback at Kohl's (KSS -1.4%) this weekend is a good possibility after recent traffic checks turned positive.
    | Dec. 21, 2012, 1:25 PM | Comment!
  • Dec. 12, 2012, 3:39 PM
    Citibank lowers its estimates for department stores, citing soft traffic trends and mixed holiday sales. Another point to consider is the firm's warning that consumers may have pulled many of their purchases forward with retailers launching the holiday shopping season earlier than ever. Citi profit cuts: JCP, JWN, KSS, M.
    | Dec. 12, 2012, 3:39 PM | 1 Comment
  • Nov. 30, 2012, 7:02 AM
    Jefferies reiterates its Buy rating on Kohl's (KSS) despite the retailer's disappointing November sales report. Yesterday's double-digit drop in share price for Kohl's was its worst day on the market since 1992 which Jefferies finds a bit overdone.
    | Nov. 30, 2012, 7:02 AM | Comment!
  • Nov. 29, 2012, 1:29 PM
    Deloitte retail analyst Alison Paul doesn't think the Hurricane Sandy excuse being trotted out by major retailers is too far off base. After accounting for a significant pre-storm slowdown and major power outages in the Northeast, she thinks the numbers as a whole are actually quite good. In that same vein, other analysts point to layaway sales and online sales yet to ship as two categories that will help December compensate for the light November.
    | Nov. 29, 2012, 1:29 PM | 2 Comments
  • Nov. 29, 2012, 12:45 PM
    Midday top 10 gainers: HGSH +48%. ACUR +46%. PBM +42%. BLOX +36%. OCZ +24%. THQI +23%. AXR +22%. CARV +21%. TELK +20%. OBCI +16%.
    Midday top 10 Losers: LQDT -17%. VRML -13%. ATEA -12%. LZB -11%. HITK -10%. KSS -9%. LAS -9%. BKS -9%. ABCD -8%. PIP -7%.
    | Nov. 29, 2012, 12:45 PM | Comment!
  • Nov. 29, 2012, 8:51 AM
    Kohl's (KSS) underwhelms with its sales report for November, blaming the 5.6% dip on e-commerce sales that won't be realized until December and the effect of Hurricane Sandy. Traders seem to sense something bigger might be afoot, KSS -9.2% premarket.
    | Nov. 29, 2012, 8:51 AM | Comment!
  • Nov. 29, 2012, 8:37 AM
    Kohl (KSS) Nov same-store sales: -5.6%. Total sales -4.9% to $1.83B. Shares -7.2% premarket. (PR)
    | Nov. 29, 2012, 8:37 AM | Comment!
  • Nov. 23, 2012, 6:51 AM
    Black Friday shopping will be the headline story in retail for the day, but the underlying plot will be the effect online channels have on the total sales hauls. Though various trade groups tag Black Friday weekend shopping to see a 3% to 4% rise this year, online shopping is expected to increase by closer to 15% heading into Cyber Monday. Online has also been where the winners and losers in the sector have been separated with major online forces such as Macy's (M) and Dick's Sporting Goods (DKS) roaring to huge gains - while the likes of J.C. Penney (JCP) and Big Lots (BIG) limp along.
    | Nov. 23, 2012, 6:51 AM | 1 Comment
  • Nov. 23, 2012, 3:34 AM
    Long lines snaked around city blocks last night as retailers such as Wal-Mart (WMT) and Target (TGT) opened late on Thanksgiving. Others, including Best Buy (BBY) and Macy's (M), waited until Black Friday. Despite the queues, the National Retail Federation reckons the number of shoppers will fall to 147M over the Thanksgiving weekend from 152M last year, and that the growth in retails sales will slow to 4.1% in November-December from 5.6%.
    | Nov. 23, 2012, 3:34 AM | Comment!
  • Nov. 9, 2012, 8:49 AM
    The longer the [[J.C. Penney transformation]] continues to result in a bloodletting of shoppers the better things look for department store rivals eager to poach disgruntled customers. In particular, Macy's (M) looks ripe to keep its online sales juggernaut rolling right along, while TJX Companies (TJX) and Kohl's (KSS) are also clear beneficiaries. It also doesn't hurt that one little bit that Sears and K-Mart are trimming their own retail footprint.
    | Nov. 9, 2012, 8:49 AM | 3 Comments
  • Nov. 8, 2012, 10:34 AM
    Heard on the earnings call for Kohl's (KSS -2.9%): 1) E-commerce investments paying off as online market share and conversions show improvement. 2) Execs see margins holding up as prices trend higher even if volumes drop. 3) November same-store sales are trending below the pace originally forecast for Q4 with Hurricane Sandy a consideration. 4) Plans to open 12 new stores in 2013. (webcast)
    | Nov. 8, 2012, 10:34 AM | Comment!
  • Nov. 8, 2012, 10:26 AM
    Kohl's Corporation (KSS) declares $0.32/share quarterly dividend, in line with previous. For shareholders of record Dec. 5. Payable Dec. 26. Ex-div Dec. 3. (PR)
    | Nov. 8, 2012, 10:26 AM | Comment!
  • Nov. 8, 2012, 7:10 AM
    More on Kohl's (KSS) Q3: Comparable store sales for the quarter up 1.1% Y/Y. Gross margin fell 50 bps to 38.1%. Store count is 1,146, up 19 from a year ago. The company increases its share repurchase authorization to $3.5B. Sees Q4 EPS of $2.00-$2.08, below the consensus mark of analysts calling for $2.16. Calls for full-year EPS of $4.52-$4.60. (PR)
    | Nov. 8, 2012, 7:10 AM | Comment!
  • Nov. 8, 2012, 7:03 AM
    Kohl's (KSS): Q3 EPS of $0.91 beats by $0.04. Revenue of $4.5B (+2.6% Y/Y). (PR)
    | Nov. 8, 2012, 7:03 AM | Comment!
  • Nov. 8, 2012, 12:05 AM
    | Nov. 8, 2012, 12:05 AM | Comment!
KSS vs. ETF Alternatives
Company Description
Kohl's Corp operates department stores that sell moderately priced exclusive and national brand apparel, footwear, accessories, beauty and home products. Itswebsite includes merchandise available in stores, and merchandise available only on-line.
Sector: Services
Country: United States