US Market News
3週前
Kohl’s Corporation Holds Annual Meeting of ShareholdersMay 20, 2026 1:56 PM
Business Wire Kohl’s Corporation (NYSE: KSS) (“Kohl’s” or the “Company”) today held its 2026 Annual Meeting of Shareholders. Below are the preliminary results of shareholder voting on the four proposals presented at the meeting. Kohl’s shareholders elected all of the Company’s nominees—Wendy Arlin, Michael J. Bender, Yael Cosset, H. Charles Floyd, Robbin Mitchell, Jonas Prising, John E. Schlifske, and Adolfo Villagomez—to the Board of Directors, each for a one-year term or until their successors are duly elected and qualified. The directors received an average favorable vote of more than 97%. Kohl’s shareholders approved, on an advisory basis, the compensation of the Company’s Named Executive Officers for fiscal 2025, with over 94% of votes cast in favor of the proposal. Kohl's shareholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending January 30, 2027, with over 95% of votes cast in favor of the proposal. Kohl’s shareholders approved the Kohl’s Corporation 2024 Long-Term Compensation Plan, as amended and restated effective May 20, 2026, with over 95% of votes cast in favor of the proposal. Final voting results, including the number of votes cast for or against and the number of abstentions and any broker non-votes, will be reported in a Current Report on Form 8-K to be filed with the Securities and Exchange Commission. About Kohl’s Kohl’s (NYSE: KSS) is a leading omnichannel retailer built on a foundation that combines great brands, incredible value and convenience for our customers. Kohl’s is uniquely positioned to deliver against its long-term strategy and its purpose to take care of families’ realest moments. Kohl's serves millions of families in its more than 1,100 stores in 49 states, online at Kohls.com, and through the Kohl's App. With a large national footprint, Kohl’s is committed to making a positive impact in the communities it serves. For a list of store locations or to shop online, visit Kohls.com. For more information about Kohl’s impact in the community or how to join our winning team, visit Corporate.Kohls.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260520600817/en/ Investor Relations:
Trevor Novotny, (262) 703-1617, trevor.novotny @MrBankRoll, jen.johnson@kohls.com Original: Kohl’s Corporation Holds Annual Meeting of Shareholders
US Market News
3週前
Kohl’s Corporation Declares Quarterly DividendMay 20, 2026 1:59 PM
Business Wire The Board of Directors of Kohl’s Corporation (NYSE: KSS) (“Kohl’s” or the “Company”) today declared a regular quarterly dividend of $0.125 per share on the Company’s common stock. The dividend is payable June 24, 2026, to shareholders of record at the close of business on June 10, 2026. About Kohl’s Kohl’s (NYSE: KSS) is a leading omnichannel retailer built on a foundation that combines great brands, incredible value and convenience for our customers. Kohl’s is uniquely positioned to deliver against its long-term strategy and its purpose to take care of families’ realest moments. Kohl's serves millions of families in its more than 1,100 stores in 49 states, online at Kohls.com, and through the Kohl's App. With a large national footprint, Kohl’s is committed to making a positive impact in the communities it serves. For a list of store locations or to shop online, visit Kohls.com. For more information about Kohl’s impact in the community or how to join our winning team, visit Corporate.Kohls.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260520112058/en/ Investor Relations:
Trevor Novotny, (262) 703-1617, trevor.novotny @MrBankRoll, jen.johnson@kohls.com Original: Kohl’s Corporation Declares Quarterly Dividend
iHub News
3月前
Kohl’s shares slide as weak sales outlook outweighs earnings beatMarch 10, 2026 8:47 AM
IH Market News
Kohl’s Corporation (NYSE:KSS) shares fell in premarket trading on Tuesday after the retailer reported fourth-quarter earnings that exceeded expectations but delivered slightly weaker revenue and issued fiscal 2026 guidance below analyst forecasts. The stock dropped about 10%.The company posted adjusted earnings per share of $1.07 for the fourth quarter, surpassing the analyst consensus estimate of $0.85 by $0.22. However, quarterly revenue totaled $5.0 billion, narrowly missing the $5.02 billion forecast and declining 3.9% from the same period a year earlier. Comparable sales for the quarter fell 2.8%.Looking ahead to fiscal 2026, Kohl’s expects adjusted EPS between $1.00 and $1.60, with the midpoint of $1.30 coming in below the analyst consensus estimate of $1.38. The retailer also anticipates net sales and comparable sales to range from a 2% decline to flat performance for the year, with adjusted operating margins projected between 2.8% and 3.4%.“We are ending 2025 in a stronger position than we started, with important work still ahead of us,” said CEO Michael J. Bender. “In 2025, we made meaningful progress, despite our Q4 topline coming in softer than our expectations. We were able to manage the business with discipline, deliver improved earnings, and generate meaningful cash flow.”For the full fiscal year 2025, Kohl’s reported net sales of $14.8 billion, representing a 4.0% decline from the previous year, while comparable sales dropped 3.1%. Adjusted diluted earnings per share came in at $1.62, compared with $1.50 in fiscal 2024. Operating cash flow reached $1.4 billion, up significantly from $648 million in the prior year.Gross margin improved by 25 basis points to 33.1% of net sales during the fourth quarter, while selling, general and administrative expenses fell 4.9% to $1.5 billion. Inventory levels also declined 7% year over year to $2.7 billion. The company also announced a quarterly dividend of $0.125 per share.Kohl’s Corporation stock price
Original: Kohl’s shares slide as weak sales outlook outweighs earnings beat
getmenews
1年前
I Studied/trained with the Japanese, their cultural way of life, ethics and long term life goals, if it wasn't for them, I wouldn't be what I am or have today... Hence, GS, take a Lesson... Where Survivors, Drive the price to 4.00, it's meaningless if there dividend doesn't decrease, these remarks only suit to polish the back side of Trump with such ridiculous comments only shows your arrogance to real world markets...
He will, at the end of the day, blame us all!
Bountiful_Harvest
4年前
Kohl’s shares surge as takeover offers emerge from suitors including Sycamore:
https://www.cnbc.com/2022/01/24/kohls-shares-surge-as-takeover-offers-emerge-suitors-include-sycamore.html
Kohl’s is fielding takeover offers from at least two suitors.
The news set the company’s stock soaring in premarket trading.
Sycamore is willing to pay at least $65 per share for Kohl’s, implying a 39% premium to the stock’s last close of $46.84, people familiar with the matter tell CNBC.
The offer from Sycamore came two days after Acacia Research, backed by activist investment firm Starboard Value, offered to pay $64 a share for Kohl’s, sources said.
eastunder
6年前
Sephora to open stores at 850 Kohl's locations by 2023
Tue, December 1, 2020, 7:53 AM MST
https://finance.yahoo.com/news/sephora-open-stores-850-kohls-145354127.html
Dec 1 (Reuters) - French cosmetics retailer Sephora will open its shops at about 850 Kohl's Corp stores by 2023, as the U.S. department store operator doubles down on its beauty category.
Shares of Kohl's were trading up 14% in early trading.
Beauty products have been among the most sought-after items during the COVID-19 pandemic, alongside athleisure apparel and home improvement items, as people largely staying at home spend more on premium skincare items.
The first 200 Sephora stores at Kohl's locations would open in fall 2021 with Sephora becoming the exclusive beauty partner on the U.S. chain's website, the companies said.
Sephora is owned by Louis Vuitton owner LVMH and has 500 stores in the Americas.
Last month, Ulta Beauty Inc said it had signed a long-term deal to have its stores next to Target Corp's own beauty section.
Kohl's last month had said it had its sight set on at least tripling its sales of beauty products, after seeing growth of nearly 40% over the past five years.
Kohl's has also collaborated with Amazon.com Inc, WW International Inc and Planet Fitness Inc, offering services from the companies in its stores in a bid to boost store traffic.
J.C. Penney Co Inc, Sephora's longtime partner, said its partnership with the beauty brand will continue until the end of its current agreement, which the Wall Street Journal has said is scheduled to wind down in 2023. (Reporting by Praveen Paramasivam in Bengaluru; Editing by Shailesh Kuber)
whytestocks
6年前
Just In: $KSS Kohl's Announces Launch of New Private Label, Specialty Athleisure Brand
FLX, a new private label, specialty athleisure brand, launches in select stores and online at Kohls.com beginning March 2021 For both men and women, FLX offers stylish and high-quality athleisure separates with key features such as performance fabrics, functional details and...
Find out more KSS - Kohl's Announces Launch of New Private Label, Specialty Athleisure Brand