Streetbeat News

KSS

Kohl's Corporation

https://www.Kohls.com

Industry

Department Stores

Kohl's Corporation operates as a retail company in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Apt. 9, Croft & Barrow, Jumping Beans, SO, and Sonoma Goods for Life, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang. As of March 21, 2022, it operated approximately 1,100 Kohl's stores and a website www.Kohls.com. Kohl's Corporation was founded in 1988 and is headquartered in Menomonee Falls, Wisconsin.

Open

18.43

Mkt cap

2B

Volume

6.7M

High

18.61

P/E Ratio

7.06

52-wk high

29.60

Low

17.74

Div yield

0.11

52-wk low

17.41

Several top Wall Street analysts have downgraded their ratings for major companies, including Elastic N.V., Dollar General, Kohl's, EnLink Midstream, and Baozun. These downgrades reflect changes in price targets and market outlooks.

Portfolio Pulse from Avi Kapoor

August 30, 2024 | 12:53 pm

Top Wall Street analysts have updated their price targets and ratings for several companies, including Autodesk, MongoDB, Victoria's Secret, CrowdStrike, Kohl's, Elastic, Dollar General, Stratasys, and Best Buy. Notably, HSBC upgraded CrowdStrike to Buy with a higher price target, while Morgan Stanley significantly cut Dollar General's price target.

Portfolio Pulse from Avi Kapoor

August 30, 2024 | 12:11 pm

TD Cowen has downgraded Kohl's from Buy to Hold and reduced the price target from $25 to $21, indicating a less optimistic outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 9:54 am

Kohl's reported better-than-expected EPS but missed revenue estimates by $120 million. The company noted cautious spending by middle-class consumers, with core apparel and footwear sales declining. However, the Sephora segment showed strong growth. JPMorgan downgraded Kohl's stock to Underweight with a $19 price target.

Portfolio Pulse from Aaron Bry

August 29, 2024 | 10:21 pm

JP Morgan has downgraded Kohl's (NYSE:KSS) from Neutral to Underweight, setting a price target of $19.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 1:27 pm

Evercore ISI Group has maintained an 'In-Line' rating on Kohl's and lowered its price target from $22 to $20, indicating a cautious outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 1:04 pm

Baird analyst Mark Altschwager maintains an Outperform rating on Kohl's (NYSE:KSS) but lowers the price target from $27 to $25.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 11:45 am

Telsey Advisory Group has maintained a Market Perform rating on Kohl's (NYSE:KSS) with a price target of $23.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 5:59 pm

Kohl's Corporation reported better-than-expected Q2 earnings, leading to a 5.6% rise in its stock price. Other companies like Waldencast, AeroVironment, and Box also saw significant gains due to positive earnings reports and analyst upgrades.

Portfolio Pulse from Avi Kapoor

August 28, 2024 | 2:17 pm

Kohl's Corp (NYSE:KSS) reported a Q2 earnings beat with a net sales decline of 4.2% Y/Y to $3.525 billion. The gross margin expanded, and EPS was $0.59, beating estimates. Inventory decreased by 9% Y/Y. The company raised its FY24 EPS outlook but revised sales growth outlook downward. KSS shares rose 3.83% premarket.

Portfolio Pulse from Lekha Gupta

August 28, 2024 | 12:41 pm

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