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

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

Positive expectations for Nvidia Corp.'s Q2 earnings and the recent market pullback are expected to cushion the market on Wednesday. The market is also awaiting Fed Chair Jerome Powell’s speech at the Jackson Hole Symposium on Friday. Stocks closed mixed on Tuesday, with the Nasdaq Composite Index closing marginally higher, while the S&P 500 Index, Dow Industrials and Russell 2000 Index experienced losses. In premarket trading on Wednesday, the SPDR S&P 500 ETF Trust and the Invesco QQQ ETF gained. Several companies including Nvidia, Urban Outfitters, Advance Auto Parts, Peloton Interactive, Williams-Sonoma, Foot Locker, Analog Devices, and Kohl's Corp. are set to release their quarterly results.

Portfolio Pulse from Shanthi Rexaline

August 23, 2023 | 11:14 am

Kohl's has reaffirmed its FY23 sales decrease of 2%-4%, including the impact of the 53rd week which is worth approximately 1% Y/Y. The company expects an operating margin of approximately 4.0% and sees EPS of $2.10-$2.70, versus the consensus of $2.38.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 11:06 am

Kohl's (NYSE:KSS) reported Q2 earnings of $0.52 per share, beating the analyst consensus estimate of $0.22 by 136.36%. However, this is a 53.15% decrease from the same period last year. The company also reported quarterly sales of $3.90 billion, beating the estimate of $3.69 billion by 5.56%, but this is a 4.70% decrease from last year.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 11:02 am

Elon Musk, owner of Twitter, agreed with a Dogecoin graphic designer's comparison of mainstream media and Jim Cramer's erratic stock predictions. The designer suggested that negative media coverage indicates Twitter's success. This comes after Twitter was accused of limiting traffic to sites criticizing Musk. Jim Cramer's past stock recommendations, including Hewlett Packard Enterprise, Netflix, Kohl's Corp, and Qorvo, were also discussed.

Portfolio Pulse from Ananya Gairola

August 23, 2023 | 3:56 am

The article lists the stocks that gained and lost the most in Tuesday's mid-day session. Among the gainers were Fulcrum Therapeutics, VinFast Auto, and Axcella Health, while the losers included Republic First Bancorp, Tingo Group, and SOS Limited. Macy's shares fell by 11.1% after the company reported its Q2 financial results.

Portfolio Pulse from Lisa Levin

August 22, 2023 | 5:50 pm

Goldman Sachs has revealed a list of 50 stocks that are expected to see substantial long-term growth due to the adoption of artificial intelligence (AI). The list includes companies from the Russell 1000 index that are expected to benefit significantly from AI integration. The bank's analysis suggests that the median stock in their basket could see a 72% increase in earnings per share (EPS) following widespread AI adoption, compared to a 19% rise for the median stock in the Russell 1000 index.

Portfolio Pulse from Piero Cingari

August 22, 2023 | 4:02 pm

Retail stocks are trading lower in sympathy with Macy's and Dick's, following their disappointing quarterly earnings reports.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 2:24 pm

Kohl's (NYSE:KSS) is set to release its latest quarterly earnings report on August 23, 2023. Analysts estimate an earnings per share (EPS) of $0.22. The company's past performance shows a pattern of share price drops following earnings beats. The stock is currently trading at $28.7, down 7.94% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 2:01 pm

The retail sector is preparing for earnings week, with several major companies set to release their quarterly reports. Urban Outfitters, Macy's, Kohl's, Foot Locker, and Ulta Beauty are among the companies that will be reporting. Analysts expect varying performances from these companies, with some showing promising growth and others facing challenges.

Portfolio Pulse from AJ Fabino

August 21, 2023 | 8:35 pm

Retail companies' shares are trading higher following strong quarterly earnings from Target and TJX.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 11:53 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.