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Kohls Corp (KSS.N)

KSS.N on New York Stock Exchange

37.28USD
18 Aug 2017
Change (% chg)

$0.17 (+0.46%)
Prev Close
$37.11
Open
$37.01
Day's High
$37.40
Day's Low
$36.50
Volume
917,876
Avg. Vol
1,058,571
52-wk High
$59.66
52-wk Low
$35.16

Latest Key Developments (Source: Significant Developments)

Kohls qtrly diluted earnings per share $0.77
Thursday, 11 Aug 2016 07:00am EDT 

Kohls Corp : Sees fy 2016 earnings per share $3.12 to $3.32 . Sees fy 2016 earnings per share $3.80 to $4.00 excluding items . Kohl's corporation reports second quarter financial results . Now expects its fiscal 2016 diluted earnings per share to be $3.12 to $3.32 per diluted share. . Qtrly diluted earnings per share $ 0.77 . Qtrly sales $4,182 million versus $4,267 million . Qtrly adjusted earnings per share excluding items $1.22 . Qtrly comparable store sales down 1.8% . "sales improved over our q1 results, but were below our expectations" . Excluding impairments, store closing and other costs, fiscal 2016 diluted earnings per share is expected to be $3.80 to $4.00 . Fy2016 earnings per share view $3.98, revenue view $19.20 billion -- Thomson Reuters I/B/E/S . Q2 earnings per share view $1.03, revenue view $4.16 billion -- Thomson Reuters I/B/E/S ."we are encouraged by performance of juniors and young men's as we enter back-to-school season".  Full Article

Kohl's Corp names Adrianne Shapira as new board member
Wednesday, 10 Aug 2016 04:15pm EDT 

Kohls Corp : Kohl's Corporation announces board changes . Dale Jones resigned as a member of board of directors of company . Kohl's Corporation announces board changes . Board of directors elected Adrianne Shapira as a new board member, effective immediately .Jones tendered his resignation due to scheduling conflicts with his other personal and professional commitments.  Full Article

Kohl's announces new partnership with Under Armour to propel its active business
Wednesday, 27 Jul 2016 08:00am EDT 

Kohls Corp: Kohl's announces new partnership with Under Armour to propel its active business .Under Armour will be available at kohl's stores nationwide, kohls.com in early 2017 in women's, men's, kids, accessories, footwear, home.  Full Article

Under Armour expects Q3 sales to grow by about 20 pct
Tuesday, 26 Jul 2016 11:07am EDT 

Under Armour Inc : Sees FY gross margins to be down slightly - conf call . Sees Q3 sales to grow by about 20% - conf call . Under Armour Sportswear (UAS) the first product of the line will be available in September - conf call . Will bring the Under Armour brand to Kohl's starting in 2017 - conf call . Sees Q3 sales to be impacted by sports authority liquidation - conf call Further company coverage: [UA.N] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

Kohl's on conf call - Need to take our expenses down to meet FY earnings forecast
Thursday, 12 May 2016 10:00am EDT 

Kohls Corp : On conf call - transactions per store were down 4.8% for Q1 . On conf call - expect to incur higher than estimated charges in Q2 due to more store associate termination packages over relocation . Ceo on conf call - targeting end of second-quarter inventory levels of down mid single digits on a per store basis . CEO on conf call - as we enter Q2, approximately 70% of store assortment is now localized . CEO on conf call - experiencing significant wage pressure in stores . CEO on conf call - "It was definitely a difficult start to 2016" . CEO on conf call - hard to gauge how much of sales shortfall is related to macroeconomic factors and how much to co specific factors . CEO on conf call - still feel good that sales trend will improve in Q2 and in back half of year . CFO on conf call - think we need to take our expenses down to meet our earnings guidance for year . CFO on conf call - spring season goods sales good in February, poor in March and April kind of consistent with the comps . CEO- seasonal category performance which weather often drives were not a driver of negative comps in Q1 . CEO- "there seems to be some more macro issue (driving negative comps) given performances of both ourselves and competition" . Have made a pretty dramatic shift from print, mail marketing to digital, may have to rethink that to reach out to traditional customers.  Full Article

Kohls Corp posts Q1 EPS of $0.09
Thursday, 12 May 2016 07:00am EDT 

Kohls Corp : Q1 sales were challenging . Qtrly sales $3.97 billion versus $4.12 billion . Qtrly comparable store sales down 3.9 pct . Qtrly earnings per share $0.09 . Were able to manage gross margin and inventory levels consistent with expectations as co took markdowns necessary to clear excess inventory . Qtrly earnings per share $0.31 excluding items . Q1 earnings per share view $0.37, revenue view $4.13 billion -- Thomson Reuters I/B/E/S . "first quarter sales were challenging" .Kohl's corporation reports first quarter financial results.  Full Article

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