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

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

Kohl's reported a gross margin of 39.6% for Q2, which is an increase of 59 basis points. This improvement in margin could indicate better cost management or pricing strategies.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 11:05 am

Kohl's shares are experiencing an uptick due to the company's better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 11:03 am

Kohl's has raised its FY24 adjusted EPS guidance to $1.75-$2.25, surpassing the estimated $1.56. The company also projects an operating margin of 3.4%-3.8%.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 11:02 am

Kohl's reported a 9% decline in inventory, which could indicate improved inventory management or reduced demand. This change may impact the company's financial performance and stock price.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 11:01 am

Kohl's reported Q2 2024 earnings per share of $0.59, surpassing the analyst estimate of $0.44. Sales reached $3.732 billion, exceeding the expected $3.583 billion, despite a 4.18% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 11:00 am

Nasdaq and S&P 500 futures are flat as traders await Nvidia's earnings, which are seen as a key indicator for the AI sector and broader market. Nordstrom's positive earnings may boost retail stocks, while other tech earnings could improve sentiment. Several companies, including Nordstrom, Ambarella, and Box, showed significant premarket movements based on earnings reports.

Portfolio Pulse from Shanthi Rexaline

August 28, 2024 | 10:43 am

Kohl's Corporation is expected to report lower year-over-year earnings for Q2, with EPS projected at $0.48 and revenue at $3.61 billion. Despite a 30% stock decline in 2024, the company declared a $0.50 dividend. Kohl's is focusing on new brands and back-to-school sales to boost performance.

Portfolio Pulse from Michael Juliano

August 27, 2024 | 5:38 pm

Kohl's Corporation (NYSE:KSS) is set to release its Q2 earnings, with analysts expecting a decrease in earnings per share from 52 cents to 45 cents and projected revenue of $3.58 billion. The company offers a high dividend yield of 10.07%, with a quarterly dividend of 50 cents per share. To earn $500 monthly from dividends, an investor would need to own 3,000 shares, worth approximately $59,610. The stock recently closed at $19.87, up 0.7%.

Portfolio Pulse from Avi Kapoor

August 27, 2024 | 12:02 pm

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