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Kohl's Corporation (KSS)

  • Jul. 3, 2012, 1:30 PM
    Forecasts for June retail sales tip off that sales growth for the sector could come in at the lowest level since August 2009, according to data compiled by Thomson Reuters. After Nike (NKE) and Bed Bath & Beyond (BBBY) set the tone with disheartening guidance, the whole sector is on on watch to determine the effects on revenue of a jittery U.S. consumer. Even if a company's numbers are solid, the question of how management is using discounting and promotions to pump up sales will remain in focus.
  • Jun. 1, 2012, 2:25 PM
    Kohl's (KSS 2.7%) continues its slide, pushed lower again today by a KSS <font color=" target="_blank">downgrade to Neutral at Atlantic Equities. The firm cites increased comp pressure from aggressive competition.
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  • May 31, 2012, 8:53 AM
    Shares of Kohl's (KSS) lose 4.6% in premarket trading after the company reports worse-than-expected May same-store sales as a discussed bounce from disgruntled J.C. Penney shoppers didn't quite register. The company says it made progress building inventory levels, but warns that it expects lower units to dampen sales until the Back-to-School season.
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  • May 31, 2012, 8:38 AM
    Kohl's (KSS) same-store sales: -4.2% misses consensus of -1.2%. Shares -4.7% premarket. (PR)
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  • May 10, 2012, 7:25 AM
    More on Kohl's (KSS) Q1: Comparable-store sales +0.2%. Says it accelerated new receipts into Q2 to prepare inventory for the Back-to-School season. Gross margin slipped to 35.9%, from 38.1%. Opened 9 new stores, plans to open 10 more stores in fall season. Declares $0.32/share dividend. Sees EPS of $0.96-$1.02 in Q2. Shares -1.5% premarket. (PR)
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  • May 10, 2012, 7:06 AM
    Kohl's (KSS): Q1 EPS of $0.63 beats by $0.02. Revenue of $4.2B (+1.9% Y/Y) in-line. (PR)
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  • May 10, 2012, 12:05 AM
    Notable earnings before Thursday's open: BAM, BT, KSS, MPW, MT, SNE, WIN
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  • May 9, 2012, 5:30 PM
    Notable earnings before Thursday's open: BAM, BT, KSS, MPW, MT, SNE, WIN
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  • May 3, 2012, 8:38 AM
    Kohl's (KSS) same-store sales: -3.5% misses consensus of -1.0%. Shares -1.1% premarket. (PR)
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  • Apr. 23, 2012, 1:57 PM
    Citi's Deborah Weinswig says retailers worked through spring season inventory without using as many markdowns and clearance incentives as last year and saw strong sales in high-margin categories. Beyond her "enhanced buying opportunity" call on Wal-Mart (WMT -3.4%) emanating from the Mexico scandal-related selloff, she also raises up her EPS estimate for WMT in Q1 by a penny adding it to the list of firms with higher profit revisions that includes JWN, KSS, M, and TGT.
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  • Apr. 11, 2012, 10:31 AM
    UBS rates the U.S. department store sector with a Neutral view, saying easy early-cycle money has already been made, but it starts upscale chain Nordstrom (JWN +1.6%) at Buy with a $63 target price. JWN rivals Macy's (M +1.8%) and Saks (SKS +1%) are started at Neutral, as are mid-priced operators J.C. Penney (JCP +2.5%) and Kohl's (KSS +0.4%).
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  • Apr. 5, 2012, 9:59 AM
    March same-store results are in, and retailers generally reported strong sales as warmer weather, an earlier Easter and appealing fashions drew customers. Gap (GPS +1.2%) and Target (TGT +0.6%) were among the standouts, while Costco (COST -0.3%) and teen retailer Buckle (BKE -5.7%) came up short.
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  • Apr. 5, 2012, 9:02 AM
    Kohl's (KSS) same-store sales: +3.6% beats consensus of +2.1%. Shares -1.7% premarket. (PR)
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  • Apr. 2, 2012, 11:01 AM
    Kohl's (KSS +2.2%) trades higher following an upgrade to Neutral from JPMorgan. The firm notes Kohl's has significantly underperformed its peer group and the broader market over the last 5 months, and is motivated to upgrade shares on account of both new sales initiatives and growing bearish sentiment (short interest as a % of float has doubled in the last 6 months).
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  • Mar. 21, 2012, 8:53 AM
    Kohl's (KSS) plans to launch a new line of clothing tied to the American Idol TV show. The newly created Authentic Icon brand will hit physical and online stores in April.
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  • Mar. 19, 2012, 3:01 PM
    A quick glance through Kohl's (KSS -2.5%) annual report shows the department store's commitment to have lower prices this year may come with some potential negatives. While aggressive in 2011 about passing higher costs along to customers, this year the compan says it will be "less aggressive," noting the change to have a positive impact on sales, but a negative impact on our gross margin rates.
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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