Kohls Corp (KSS) Key Developments | Reuters.com
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Kohls Corp (KSS)

KSS on New York Consolidated

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1 Jul 2016
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Latest Key Developments (Source: Significant Developments)

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

Kohl's Corp declares quarterly dividend
Thursday, 13 Aug 2015 07:00am EDT 

Kohl's Corp:Declares a quarterly cash dividend on the Company's common stock of $0.45 per share. The dividend is payable Sept. 23 to shareholders of record at the close of business on Sept. 9.  Full Article

Kohl's Corp sees FY 2015 EPS guidance at low range of prior guidance
Thursday, 13 Aug 2015 07:00am EDT 

Kohl's Corp:Expects FY 2015 earnings per diluted share (EPS) to be at low range of its previous guidance of $4.40 to $4.60.  Full Article

Kohl's Corp increases amount of notes and debentures to be accepted in its cash tender offer
Tuesday, 14 Jul 2015 02:12pm EDT 

Kohl's Corp:Kohl's corporation announces increase in the amount of notes and debentures to be accepted in its cash tender offer.Says increased the maximum combined aggregate principal amount of notes and debentures from $600 million to $767 million.  Full Article

Kohl's Corp declares quarterly cash dividend
Thursday, 14 May 2015 07:00am EDT 

Kohl's Corp:On May 13, Board declared quarterly cash dividend on common stock of $0.45 per share.Dividend is payable June 24 to shareholders of record at the close of business on June 10.  Full Article

Kohl's Corp gives FY 2015 guidance; revenue guidance above analysts' estimates; gives FY 2015 comparable sales guidance
Thursday, 26 Feb 2015 07:00am EST 

Kohl's Corp:Expects earnings per diluted share of $4.40 to $4.60 for FY 2015.Expects FY 2015 total sales increase of 1.8 pct. to 2.8 pct.Expects FY 2015 comparable sales increase of 1.5 pct. to 2.5 pct.Reported revenue of $19.023 billion in FY 2014.FY 2015 EPS of $4.54 and revenue of $19.362 billion - Thomson Reuters I/B/E/S.  Full Article

Kohl's Corp declares quarterly cash dividend
Thursday, 26 Feb 2015 07:00am EST 

Kohl's Corp:Declares quarterly cash dividend of $0.45 per share on common stock.Payable on March 25.Record date as on March 11.  Full Article

Kohl's Corp narrows FY 2014 EPS guidance to a range above analysts' estimates
Wednesday, 4 Feb 2015 08:00am EST 

Kohl's Corp:Updates FY 2014 diluted earnings per share (EPS) guidance to $4.20 - $4.22.FY 2014 of EPS of $4.06 - Thomson Reuters I/B/E/S.  Full Article

Kohl's Corp declares quarterly cash dividend
Thursday, 13 Nov 2014 07:00am EST 

Kohl's Corp:Declares quarterly cash dividend on the company's common stock of $0.39 per share.Payable on Dec. 24.To shareholders of record at the close of business on Dec.10.  Full Article

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