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Kohl's is closing 27 stores in 15 states. Here's where they're located
Fox Business· 2025-01-13 18:16
Twenty-seven "underperforming" Kohl’s stores are set to shutter this spring. The locations, named late last week by Kohl’s, will permanently close their doors by April, according to the Wisconsin-based retailer."While Kohl’s continues to believe in the health and strength of its profitable store base, these specific locations were underperforming stores," Kohl’s said.  The stores that Kohl’s has chosen to shutter are located in 15 states. In total, the retailer currently operates over 1,150 locations in the ...
Kohl's to Close Stores and Facility in 2025 Amid Ongoing Struggles
ZACKS· 2025-01-13 13:51
Kohl's Corporation (KSS) has announced plans to close its San Bernardino E-commerce Fulfillment Center and 27 underperforming stores in 2025. The decision reflects the retailer's efforts to streamline operations as it faces ongoing challenges in the competitive retail landscape.The San Bernardino facility, operational since 2010, will close when its lease expires in May, marking a shift in Kohl's fulfillment strategy. With improvements in technology and the ability to fulfill orders from store locations, Ko ...
Kohl's to close 27 department stores nationwide — including 10 in California
New York Post· 2025-01-10 14:33
Kohl’s, the struggling chain of department stores, said it will permanently close 27 “underperforming” locations in 14 states, including 10 in California alone as the company takes emergency measures to avoid bankruptcy.The company made the announcement in a press release that included a list of the locations that will be shuttered for good. The closures are scheduled to be completed by April.Kohl’s has faced significant challenges in recent months during which it has seen leadership changes amid dismal ear ...
Kohl’s(KSS) - 2025 Q3 - Quarterly Report
2024-12-05 21:10
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $.01 par value KSS New York Stock Exchange FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 2, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition period from ________ to _________ Commissi ...
Kohl's Stock Trades Near 52-Week Low: Buy Opportunity or Warning?
ZACKS· 2024-12-03 21:01
Kohl's Corporation (KSS) stock has shown significant volatility, with shares fluctuating between highs and lows over the past year. Overall, the stock has trended downward, reaching a new 52-week low of $14.22 on Nov. 26, showing a stark decline compared with its 52-week high of $29.60.While the current price of $15.43 marks an 8.5% rebound, it still reflects a nearly 48% discount from the high, highlighting a challenging year for the retailer.KSS Stock Navigates Turbulent WatersKSS stock’s volatility over ...
Kohl's Corporation: How Safe Is This 13.2% Yield?
Seeking Alpha· 2024-12-03 12:49
Like the sign in the picture above, Kohl's Corp.'s (NYSE: KSS ) current 13.2% yield carries with it high risk. So, for those familiar with the company and are thinking, I can collect aContributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due diligence. I'm a Navy veteran w ...
Kohl's: Poor Underlying Demand For The Foreseeable Future
Seeking Alpha· 2024-11-29 15:55
My previous investment thought on Kohl's Corp. (NYSE: KSS ) (published on 4th September) was a hold rating because the valuation has already priced in the downside that I expected previously (note I upgraded from sellI focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the medium to long-term. Ult ...
Kohl's vows 'aggressive action' to reverse sliding sales following a 'frankly disappointing' quarter
Business Insider· 2024-11-27 11:43
Advertisement Kohl's said comparable sales plummeted 9.3% in the third quarter.Apparel and footwear sales struggled despite strong performances for Sephora and other categories.Growth in revenue from beauty sales at Sephora was one of the few rays of hope.Kohl's continues to fight an uphill battle after sales tumbled following missed opportunities, a decline in footfall, and an overreliance on its partnership with Sephora.Comparable sales at the department store chain fell 9.3% in the three months to Novem ...
All Change At Kohl's As Retailer Confirms Weak Third Quarter
Forbes· 2024-11-27 10:26
Kohl's reported an 11th straight quarterly fall in comparable sales. (Photo by Scott Olson/Getty ... [+] Images)Getty ImagesKohl’s Corp. has reported another disappointing earnings and revenue, and has confirmed a change at the helm. After posting its 11th consecutive quarter of comparable sales decline for the third quarter, Kohl’s also lowered its full-year sales outlook.In the earnings statement outgoing CEO Tom Kingsbury, who will be replaced at the top by Ashley Buchanan - currently the CEO of Michaels ...
Kohl Stock Slips on Q3 Earnings & Sales Miss, Lowered Outlook
ZACKS· 2024-11-26 19:46
Kohl's Corporation (KSS) shares tumbled as much as 18.5% in the pre-marketing session as the company posted dismal third-quarter fiscal 2024 results and lowered its full-year outlook. The company’s top and bottom lines decreased year over year and missed the Zacks Consensus Estimate.Kohl's posted earnings of 20 cents per share, down from earnings of 53 cents posted in the year-ago quarter. The bottom line missed the Zacks Consensus Estimate of 27 cents per share.Find the latest EPS estimates and surprises o ...