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Kohl's Corporation (KSS)

  • Nov. 12, 2014, 5:30 PM
  • Nov. 8, 2014, 9:25 AM
    • Energy companies finally are starting to halt a few new U.S. drilling projects as oil prices fall, which Barclays believes may put the U.S. oil boom at risk but "on balance, we believe lower oil prices are good.”
    • If strong U.S. energy growth is interrupted, spending in the sector could be cut by $40B, but consumers could save $70B next year as the price at the pump falls for gasoline and diesel, according to Barclays head of U.S. equity strategy Jonathan Glionna.
    • The most likely beneficiaries would be discretionary areas such as restaurants, entertainment, apparel, electronics and furniture, he says.
    • Glionna lists 27 stocks that could benefit from lower oil prices: AAL, AGCO, AXL, BERY, BLMN, BWLD, CHH, CLX, DE, DPZ, FDX, GM, HD, KMB, KR, KSS, MHK, MMM, PENN, PPG, SAVE, SHW, TGT, UPS, VALWMS, WMT.
    | Nov. 8, 2014, 9:25 AM | 20 Comments
  • Nov. 6, 2014, 1:27 PM
    • Apparel seller Ann issued a warning today on the impact of labor uncertainty at West Coast ports as part of its Q4 guidance.
    • The retailer expects $8M in extra air freight costs due to product shipment delays.
    • There's also been some reports of delays at ports in the Seattle and Tacoma area which account for 16% of container cargo traffic on the West Coast.
    • Analysts fret that more companies will resort to air freight to ensure stores are stocked in front of the Black Friday rush.
    | Nov. 6, 2014, 1:27 PM | Comment!
  • Oct. 31, 2014, 1:21 PM
    • The odds aren't good for a national roll-out of smartphone payments solution CurrentC, according to USA Today's Jeff Graham.
    • The retail consortium admitted to a hacking incident earlier this week and has lost momentum with Apple Pay dominating headlines.
    • Inside the network, Meijer broke ranks with fellow MCX members by moving to accept Apple Pay with its hardware.
    • CurrentC was created to help the retail industry bypass credit card fees.
    • Partial list of MCX members: LUV, GPS, DNKN, KR, TGT, WMT, BBBY, KSS, SHLD, WEN, BBY.
    | Oct. 31, 2014, 1:21 PM | 9 Comments
  • Oct. 31, 2014, 11:34 AM
    • Kohl's (KSS) says it will match the policy of several of its department store peers by opening store doors at 6:00 p.m. on Thanksgiving.
    • The company also plans to test the use of Google Express in several regions during the Thanksgiving to Black Monday period.
    | Oct. 31, 2014, 11:34 AM | Comment!
  • Oct. 28, 2014, 9:13 AM
    | Oct. 28, 2014, 9:13 AM | Comment!
  • Oct. 27, 2014, 5:57 PM
    • With October sales having been "softer than the balance of the quarter," Kohl's (NYSE:KSS) expects to report a 1.4% Y/Y drop in FQ3 comparable sales. FY14 (ends Jan. '15) sales are now expected to be at the low end of a $4.05-$4.45 guidance range; consensus is at $4.30.
    • FQ3 children's comparable sales are expected to be up Y/Y, but other segments are expected to be down. Kohl's forecasts a 30%+ increase in e-commerce sales.
    • The guidance cut comes ahead of Kohl's Wednesday investor conference.
    | Oct. 27, 2014, 5:57 PM | 1 Comment
  • Oct. 27, 2014, 5:40 PM
    • Top gainers, as of 5:15 p.m.: TRNX +31.0%. RCPT +24.0%. MDCO +11.8%. RGC +10.9%. WMGI +5.9%.
    • Top losers, as of 5:15 p.m.: AMKR -13.2%. TWTR -9.4%. KN -8.2%. KSS -6.4%. AOL -5.6%.
    | Oct. 27, 2014, 5:40 PM | Comment!
  • Oct. 25, 2014, 12:34 PM
    • Labor issues and a shortage of trucking equipment at the critical port complex in the Long Beach, California region threaten to disrupt shipments of holiday products to retailers.
    • Delays are running up to two or three weeks, according to port officials.
    • What to watch: Retailers potentially impacted by the port turmoil include Wal-Mart (NYSE:WMT), Macy's (NYSE:M), Kohl's (NYSE:KSS), J.C. Penney (NYSE:JCP), Ralph Lauren (NYSE:RL), American Eagle Outfitter (NYSE:AEO), Nordstrom (NYSE:JWN), and Carter's (NYSE:CRI).
    | Oct. 25, 2014, 12:34 PM | 9 Comments
  • Oct. 15, 2014, 10:56 AM
    • There's a promising forecast out from retail watchers Verdict on the department store sector.
    • The research firm forecasts growth of 22% to $450B as emerging markets drive gains.
    • What to watch: British and U.S. chains have an advantage over continental European operators which have been slower to invest in e-commerce.
    • Department stores: M, OTCQX:MAKSY, OTCPK:DBHSY, KSS, JWN, DDS, JCP, LB, TLYS, SHLD
    | Oct. 15, 2014, 10:56 AM | 5 Comments
  • Oct. 7, 2014, 8:05 AM
    | Oct. 7, 2014, 8:05 AM | 2 Comments
  • Sep. 24, 2014, 8:13 AM
    | Sep. 24, 2014, 8:13 AM | 9 Comments
  • Sep. 18, 2014, 7:31 AM
    • Citigroup upgrades Kohl's (NYSE:KSS) to a Buy rating from Neutral.
    • The investment firm also raised its price target on the department store chain to $70 from $63.
    | Sep. 18, 2014, 7:31 AM | Comment!
  • Sep. 17, 2014, 9:36 AM
    • Kohl's (KSS -0.4%) says it will hire 67K seasonal workers for the holiday rush.
    • Last year, the department store chain added around 50K.
    | Sep. 17, 2014, 9:36 AM | Comment!
  • Sep. 6, 2014, 8:43 AM
    • The "total" yield of a company combines the dividend yield and the buyback yield - that is the yield boost from reducing the total amount of shares outstanding. Together with S&P's Howard Silverblatt, Barron's puts together a list of the top 20 companies in the S&P 500 based on "total" yield.
    • While buybacks don't guarantee a strong stock - witness consistent buyback champs like IBM and Kohl's (NYSE:KSS) - Warren Buffett goes to bed at night praying for IBM's share price to go down so the company can buy back more stock for a given dollar amount (though The Oracle has said he doesn't expect this logic to win many fans).
    • The flip-side are those companies - financials and energy come to mind - who tend to buy back stock at high prices only to find themselves forced to reissue it at lower prices when times get tough. A consistent plan helps, and Travelers (NYSE:TRV), under CEO Jay Fishman, has been maybe the best example of this - halving the share count since the end of 2006.
    • ETFs? The Powershares Buyback Achievers Portfolio (NYSEARCA:PKW) gained 45.6% in 2013, 1,300 basis points better than the S&P 500. Since inception in 2006, it's up an annualized 9%, more than 200 basis points better than the S&P. A newcomer - the Cambria Shareholder Yield ETF (NYSEARCA:SYLD) - has beaten the S&P by about 250 basis points since its May 2013 inception.
    • The list (ranked in order of "total" yield): ADT, CAM, CF, MOS, MPC, VIAB, GLW, ITW, STX, IBM, NOC, CTL, TRV, VRSN, IR, CCE, KSS, NTAP, HES, DO.
    | Sep. 6, 2014, 8:43 AM | 42 Comments
  • Sep. 4, 2014, 12:03 PM
    • A solid quarterly report from PVH (PVH +10.2%) could also bode well for J.C. Penney (JCP +4.7%) and Kohl's (KSS +2.1%).
    • During an interview on CNBC this morning, PVH CEO Emanual Chirico gave some of the credit for the company's sales gains to the department store chains.
    • North American revenue for the Tommy Hilfiger business was up 8% Y/Y for PVH.
    | Sep. 4, 2014, 12:03 PM | Comment!
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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