It's Time to Stay Away From Kohl's
Net sales fell 4.2% in the most recent quarter. Net earnings per share still increased 13.4%.
Is Kohl's Setting Up For A Monster Short Squeeze?
Kohl's share price has declined from $50 to $20 over the past three years due to a failed acquisition and a competitive retail environment. Short sellers have heavily targeted Kohl's in 2024, with short interest ballooning to 36% of diluted shares, betting on the negative effects of a consumer spending slowdown. If Kohl's beats lowered expectations in 2025, a massive short squeeze could propel the stock toward $40 quite easily. A 10% dividend and 30% FCF yield are also noteworthy.
Kohl's: Upgrading To Hold Because Of Less Potential Downside
I am upgrading Kohl's Corp. from sell to hold due to reduced downside risk. 2Q24 results showed an EPS beat driven by cost control, but SSS growth decelerated to -5.1%, indicating pressured consumer spending and weak core category performance. Sephora's strong SSS growth is unlikely to be sustained, making it difficult for KSS to meet FY24 SSS growth guidance amid a challenging macro environment.
Kohl's Cuts Costs to Address a Challenging Consumer Environment
Kohl's (KSS) shares rose Wednesday as cost reduction helped the retailer beat profit forecasts despite a drop in sales.
Kohl's Charts a Resilient Path in a Challenging Retail Landscape
Kohl's Corporation NYSE: KSS finds itself navigating choppy waters in the turbulent sea of the retail sector. The renowned omnichannel retailer, known for its value-driven offerings and loyal customer base, recently released its second-quarter fiscal year 2024 earnings report.
Kohl's Corporation (KSS) Q2 2024 Earnings Call Transcript
Kohl's Corporation (NYSE:KSS ) Q2 2024 Earnings Conference Call August 28, 2024 9:00 AM ET Company Participants Mark Rupe - Senior Vice President, Investor Relations & Treasury Tom Kingsbury - Chief Executive Officer Jill Timm - Chief Financial Officer Conference Call Participants Bob Drbul - Guggenheim Amy Teske - Baird Chuck Grom - Gordon Haskett Oliver Chen - TD Cowen Dana Telsey - Telsey Advisory Group Operator Good morning. My name is Audra, and I will be your conference operator today.
Kohl's Q2 Earnings Top, Sales Decline Amid Consumer Challenges
KSS' Q2 results show higher earnings on improved gross margin and better inventory and expense management. Yet, sales drop amid a tough consumer environment.
Kohl's (KSS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Kohl's (KSS) give a sense of how the business performed in the quarter ended July 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Kohl's (KSS) Q2 Earnings Top Estimates
Kohl's (KSS) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.52 per share a year ago.
How To Earn $500 A Month From Kohl's Stock Ahead Of Q2 Earnings Report
Kohl's Corporation KSS is expected to release earnings results for its second quarter, before the opening bell on Wednesday.
What Analyst Projections for Key Metrics Reveal About Kohl's (KSS) Q2 Earnings
Besides Wall Street's top -and-bottom-line estimates for Kohl's (KSS), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended July 2024.
Kohl's (KSS) Gears Up for Q2 Earnings Release: Things to Note
Kohl's (KSS) second-quarter performance is likely to reflect ongoing volatility in the consumer demand landscape, potentially threatening its revenue stream.
