Trade Tracker: Jenny Harrington sells Kohl's
Jenny Harrington, CEO at Gilman Hill Asset Management, joins CNBC's "Halftime Report" to explain why she's getting out of the struggling retailer. The Committee discuss other retail names.
Kohl's Stock Trades Near 52-Week Low: Buy Opportunity or Warning?
The KSS stock witnesses consistent declines, reaching a 52-week low mark last week. The stock lacks momentum backed by pressures on sales and soft traffic trends.
Kohl's Corporation: How Safe Is This 13.2% Yield?
Kohl's 13.2% yield is high risk due to financial headwinds, despite potential growth from Sephora and lower interest rates. Declining sales and earnings have pressured Kohl's, with management revising guidance downward and focusing on inventory and digital marketing. Kohl's balance sheet shows some flexibility, but cash flow growth is crucial for maintaining dividends and resuming share repurchases.
Kohl's downgraded to Neutral from Buy at Guggenheim
Guggenheim downgraded Kohl's to Neutral from Buy.
Kohl's: Poor Underlying Demand For The Foreseeable Future
I maintain a hold rating on Kohl's Corp due to persistent poor demand. 3Q24 results showed an 8.5% revenue decline, with same-store sales growth at -9.3% y/y, leading to a 63% drop in EPS. The macro environment and intense promotional activities are expected to continue hindering KSS's growth, with no substantial sales improvement in sight.
Kohl's has a new CEO, but not enough of the things its shoppers depend on
When Kohl's Corp. on Monday announced it was getting a new chief executive next year, investors got suspicious. On Tuesday, the department-store chain confirmed those suspicions, reporting results that missed expectations and sending shares sharply lower.
Here Come the Holidays: 3 High-Yield Retail Dividend Stocks Are Cheap and One Yields 11%
Key Points Dividend stocks will be on everybody's list for Santa this year.
Kohl's vows 'aggressive action' to reverse sliding sales following a 'frankly disappointing' quarter
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.
All Change At Kohl's As Retailer Confirms Weak Third Quarter
Kohl'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.
‘We are not satisfied': Kohl's stock tumbles amid slumping sales and gloomy forecast for 2024
In the days before Thanksgiving, retail investors want reasons to be hopeful—after all, we're about to enter the busiest shopping period of the year.
Retail Earnings Recap: Kohl's Cuts Full-Year Sales Outlook
Kohl's cut its full-year sales outlook as the company now expects its 2024 comparable sales to fall between 6% and 7%, lower than its earlier guidance of a 3% to 5% drop. The store's turnaround strategy will now be turned over to Ashley Buchanan, who will take over as chief executive officer in January.
Kohl Stock Slips on Q3 Earnings & Sales Miss, Lowered Outlook
KSS' Q3 results show lower sales and earnings on weakness in the apparel and footwear sectors. Management lowers fiscal 2024 guidance.
