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.
Kohl's Corporation (NYSE: KSS) has determined that recent expressions of interest in acquiring the company do not reflect its true value based on future growth potential. The Board of Directors, advised by its Finance Committee and external financial advisors like Goldman Sachs, aims to maximize long-term shareholder value. Additionally, Kohl's has adopted a limited-duration shareholder rights plan to facilitate an orderly review of these offers. This plan will expire on February 2, 2023, and shareholders will receive rights for every share owned.
Macellum Advisors, a significant shareholder of Kohl’s (KSS), has criticized the company’s Board for dismissing its assessment of potential acquirers as 'unfounded speculation.' Following confirmed expressions of interest from Acacia Research and Sycamore Partners, Macellum urges the Board to establish a special committee to oversee a strategic review, inviting a Macellum representative to lead it. With Kohl’s stock price rising approximately 35% after the news, Macellum advocates for an organized sales process to maximize shareholder value, reserving the right to act against the Board if they hinder this process.
Kohl’s Corporation (NYSE: KSS) has confirmed receiving letters of interest for acquisition. The Board of Directors will evaluate these proposals to ensure alignment with shareholder interests. Shareholders are advised that no immediate action is required. The company will not comment further unless deemed necessary for shareholder benefit. Caution is advised regarding forward-looking statements, which involve risks and uncertainties that could affect actual results.
Kohl’s Corporation (NYSE:KSS) has seen positive results from its strategic plan, with a 16% increase in net sales in Q3 2021, exceeding expectations. The company reported an operating margin of 8.4%, the highest in nine years, and is on track to surpass its 2023 financial goals two years early. Recent brand partnerships, including 200 Sephora shops, are attracting new customers. Additionally, Kohl's plans to repurchase $1.3 billion in shares to enhance shareholder value. The board has been refreshed with three independent directors, bolstering its expertise.
Macellum Advisors has expressed concern regarding Kohl's Corporation's management and board's performance, highlighting a significant 22% decline in share price since April 2021. They suggest the board lacks urgency and calls for more retail expertise and shareholder representation to drive necessary improvements. Macellum believes Kohl's $7bn-$8bn in real estate could result in a share price of $100 with better management. Additionally, they propose considering strategic alternatives, including a potential sale, to enhance shareholder value.
Engine Capital LP urges Kohl's Corporation (NYSE: KSS) to conduct a strategic review, including the potential separation of its ecommerce and legacy retail businesses. The ecommerce arm is estimated to hold a valuation of at least $12.4 billion. Engine Capital believes the entire company could fetch a significant premium, possibly around $75 per share. Despite strong free cash flow of $1.7 billion, Kohl's has underperformed, with a total shareholder return of -10.5% since CEO Michelle Gass took charge in May 2018.
Kohl's (NYSE: KSS) announced its commitment to community support by granting over $8 million to more than 150 local nonprofits across the U.S. this holiday season. These grants, ranging from $10,000 to $100,000, were awarded to organizations focused on family health and wellness as part of Kohl's A Community with Heart program. Since its inception in 2018, Kohl's has contributed over $19 million to such causes, exemplifying its dedication to social responsibility.
Kohl's Corporation (NYSE:KSS) reported impressive third quarter results, with net sales surging 15.5% to $4.6 billion and comparable sales rising 14.7%. The company achieved a record diluted earnings per share of $1.65, up from a loss of $0.08 a year prior. Kohl's raised its full year 2021 guidance, anticipating a mid-twenties percentage increase in net sales and adjusted earnings per share between $7.10 and $7.30. The firm also repurchased $506 million in shares, with plans for a total of $1.3 billion in buybacks this year.
The Board of Directors of Kohl’s Corporation (KSS) has declared a quarterly dividend of $0.25 per share on common stock. This dividend will be paid on December 22, 2021, to shareholders recorded by the close of business on December 8, 2021. Kohl’s continues to position itself as a leading omnichannel retailer with over 1,100 stores nationwide and an online presence through Kohls.com. The retailer aims to be the trusted choice for active and casual lifestyles while focusing on diversity and ESG stewardship.
Kohl’s (NYSE: KSS) announces extensive savings events for November, starting today with a Black Friday preview featuring hundreds of deals available both in-store and on Kohls.com. Customers can earn $15 in Kohl's Cash® for every $50 spent during the Black Friday Week from Nov. 21 to Nov. 26. Stores will close on Thanksgiving Day and reopen at 5 a.m. on Friday, Nov. 26. The retailer also highlights exclusive offers for Kohl’s Rewards and Card members throughout the holiday season.