Welcome to our dedicated page for Kohls news (Ticker: KSS), a resource for investors and traders seeking the latest updates and insights on Kohls stock.
Kohl’s Corporation (NYSE: KSS) is a U.S. department store retailer in the Retail Trade sector, and the KSS news page on Stock Titan aggregates company-specific updates that matter to investors and retail observers. Kohl’s identifies itself as an omnichannel retailer serving millions of families through more than 1,100 stores in 49 states, its website, and the Kohl’s App, and its news flow reflects both operational performance and brand-building activity.
Visitors to this page will find earnings announcements and outlook updates, such as second and third quarter fiscal 2025 results, where Kohl’s reported net sales trends, comparable sales, gross margin changes, operating income, and non-GAAP metrics like adjusted operating income and adjusted diluted earnings per share. These releases often include commentary from leadership on progress against internal initiatives, capital allocation plans, and updated full-year financial outlooks.
The KSS news feed also includes corporate governance and leadership developments, for example the appointment of Michael J. Bender as Chief Executive Officer following his tenure as Interim CEO, as well as Board decisions on regular quarterly dividends. Such items provide insight into how Kohl’s Board and management team are steering the business and returning capital to shareholders.
Beyond financial and governance updates, Kohl’s issues merchandising, marketing, and community-related news. These stories cover seasonal campaigns like back-to-school and holiday promotions, the launch or expansion of proprietary brands such as FLX apparel for kids, digital experiences like Kohl’s Holiday Quest, and philanthropic efforts through Kohl’s Cares, including multi-year support for organizations such as Hunger Task Force.
By reviewing the KSS news stream, users can track how Kohl’s communicates its strategy, manages its retail calendar, and engages with customers and communities. Bookmark this page to follow ongoing earnings releases, dividend declarations, leadership updates, and key promotional and philanthropic announcements related to Kohl’s Corporation.
Macellum Advisors, a major shareholder of Kohl's (KSS), criticized the company's recent disappointing earnings and management decisions. The firm claims that poor strategic planning and a lack of transparency from the Board led to these issues. They expressed concerns about material information being withheld from shareholders ahead of a critical annual meeting. Macellum urges for the appointment of its nominees to the Board and is exploring legal action to protect its interests as a significant shareholder. They believe that the current Board has failed in its duties and should accept the best acquisition offer.
Kohl's Corporation (NYSE:KSS) reported a 5.2% decline in net sales for Q1 2022, with total revenue of $3.715 billion, down from $3.887 billion in Q1 2021. Diluted EPS rose to $0.11, a 22% increase year-over-year, but adjusted EPS plummeted 90% to $0.11. The company faces ongoing macroeconomic challenges but remains optimistic about future growth, particularly through the rollout of additional Sephora locations. Kohl's also updated its 2022 financial outlook, projecting net sales growth of 0% to 1% and EPS of $6.45 to $6.85.
Macellum Advisors, holding nearly 5% of Kohl’s (NYSE: KSS), issued a statement following a contentious board election. Managing Partner Jonathan Duskin expressed gratitude to supportive shareholders, noting that the close vote reflects skepticism regarding the Board's management of the sale process. Macellum asserts that this vote was a mandate for a sale and anticipates a transaction soon. They stated that if Kohl’s remains unsold, all directors should be held accountable for the unrealized value. Macellum has a history of effecting change in underperforming companies.
Kohl's Corporation (NYSE: KSS) announced the preliminary results of its 2022 Annual Meeting where shareholders re-elected all thirteen director nominees. Chairman Peter Boneparth expressed gratitude to shareholders and highlighted the board's commitment to maximizing value and engaging strategically. Shareholders also ratified Ernst & Young as the independent accounting firm for fiscal year 2022 and approved an advisory resolution on executive compensation. The results remain preliminary until finalized and certified.
Kohl’s Corporation (KSS) experienced a significant drop in share price, declining over 9% in a single day, which translates to a loss of hundreds of millions in market capitalization. Macellum Advisors, holding nearly 5% of Kohl’s shares, expressed concerns that continued value destruction could affect ongoing sale negotiations and potential offers. They urged shareholders to consider voting for nominees from both management and Macellum at the upcoming Annual Meeting. Notably, the California State Teachers’ Retirement System publicly supported all of Macellum’s nominees.
Macellum Advisors, holding nearly 5% of Kohl’s (NYSE: KSS), urges fellow shareholders to vote for its nominees in the upcoming Annual Meeting on May 11, 2022. Citing a 22% share price drop since April 2021 and poor results relative to peers, Macellum emphasizes that electing its candidates is vital for safeguarding shareholder value. They express concerns over the current Board's reluctance to disclose first-quarter results and the potential negative impact on stock prices if a sale doesn't occur. Macellum aims to foster accountability within Kohl's leadership.
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Kohl's (NYSE: KSS) has announced a significant enhancement to its Kohl's Rewards program, offering 50% more rewards for Kohl's Card users, increasing the earning rate to 7.5% on every purchase. This change follows a successful pilot program in over 100 stores, leading to increased enrollments and sales. Furthermore, customers who apply for a Kohl's Card can benefit from a 35% discount on their first purchase. The new program aims to enhance customer loyalty and provide better value, helping Kohl's to stay competitive in the retail market.
Kohl's Corporation (NYSE: KSS) issued a statement in response to Institutional Shareholder Services (ISS) regarding the upcoming director election. ISS concluded that a change in board control is unwarranted, citing Kohl’s resilient performance amid a challenging retail landscape. Kohl’s urged shareholders to vote for its nominated directors, emphasizing the lack of M&A or public board experience among dissident nominees from Macellum Advisors. The board's extensive experience is deemed crucial for maintaining value during strategic reviews.
Kohl's Corporation (NYSE: KSS) is urging shareholders to vote for its slate of 13 director nominees in response to a proxy contest led by Macellum. The Company emphasizes the experience and qualifications of its Board, highlighting recent additions that aim to maximize shareholder value. Kohl's has undertaken a strategic review process with Goldman Sachs, engaging over 25 bidders. Under the current strategy, Kohl's achieved record EPS and doubled its annual dividend to $2 per share for 2022. Kohl's warns against the inexperienced slate proposed by Macellum, questioning their ability to deliver sustainable value.