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) reported strong results for the quarter ended May 1, 2021, with total revenue of $3,887 million, a significant increase of 60.1% from $2,428 million in 2020. Net income surged to $14 million from a loss of $541 million, achieving a diluted EPS of $0.09. The adjusted diluted EPS improved to $1.05, up from a loss of $3.22 in the prior year. The company raised its 2021 guidance, expecting net sales to grow in the mid-to-high teens percentage range and adjusted EPS between $3.80 to $4.20. A quarterly dividend of $0.25 per share was declared, payable on June 23, 2021.
Kohl’s Corporation (NYSE: KSS) held its annual shareholders meeting, announcing the results for four key proposals voted on by shareholders. All directors nominated were elected with over 96% approval. The compensation for named executive officers received more than 94% support, while the appointment of Ernst & Young LLP as the independent accounting firm was ratified with over 91% approval. However, a shareholder proposal for written consent rights garnered less than 10% of votes.
Kohl's (NYSE: KSS) has launched its Summer Collection featuring Dr. Seuss books and plush toys, with all profits benefitting organizations focused on children's health and wellness. Priced at $5 each, the collection includes titles like Fox in Socks and The Lorax. Since 2000, Kohl's Cares has raised over $385 million for community initiatives. With over 1,100 stores across 49 states, Kohl's aims to inspire families and deliver wellness through its merchandise and programs.
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Kohl's (NYSE: KSS) and Sephora are set to launch a new omni partnership this August, introducing over 125 prestige beauty brands at Kohl's locations and online at Kohls.com. Initially available in 200 stores, the assortment includes popular brands in makeup, skincare, hair, and fragrance, with 75% being exclusive to this collaboration. The aim is to enhance customer access to prestige beauty, with plans to expand to at least 850 stores by 2023. Sephora at Kohl's will provide a unique shopping experience, featuring dedicated space and trained beauty advisors.
Kohl's (NYSE: KSS) released its 2020 Environmental, Social, and Governance (ESG) report, highlighting progress in diversity, sustainability, and community efforts amidst challenges. The report outlines significant achievements, including diverting 85% of waste from landfills and creating over 164 solar and wind locations. Additionally, Kohl's received several recognitions for sustainability efforts, such as a spot on Barron’s Top 100 Sustainable Companies list. The company continues to focus on diversity initiatives and community health programs, raising over $11 million through Kohl’s Cares.
Kohl’s (NYSE: KSS) has announced a new partnership with TOMMY HILFIGER to introduce men’s sportswear in over 600 stores and online this fall. This collaboration aims to enhance Kohl’s product assortment, providing customers with high-quality, classic apparel. The stores will feature a branded experience in nearly 100 locations, emphasizing the brand's iconic aesthetic. Doug Howe, Kohl’s chief merchandising officer, highlighted the partnership’s potential to connect with 65 million customers. The initiative aligns with Kohl’s strategy to boost brand relevance and expand its market presence.
Kohl’s Corporation (NYSE: KSS) has reached a settlement agreement with a group of investors owning 9.3% of its stock. The agreement will add three new independent directors to Kohl's Board, enhancing governance. The Board's finance committee is now a standing committee, and share repurchase authorization has increased to $2 billion. The Investor Group expressed confidence in the strategic direction of the Company. Notably, current Board members Steve Burd and Frank Sica will retire in the upcoming year, signifying continued leadership changes.
Kohl’s (NYSE: KSS) has achieved the prestigious 2021 ENERGY STAR Partner of the Year Sustained Excellence Award from the EPA, marking its 10th consecutive win. With over 90% of its stores certified, Kohl's is committed to energy efficiency, having retrofitted 45 locations with LED lighting, saving over 10 million kWh annually. The company has also received recognition for its sustainability efforts, including the SmartWay 2020 Excellence Award and the 2019 WasteWise Regional Award, showcasing its dedication to reducing emissions and waste.
Kohl’s Corporation (NYSE: KSS) announced the details of its cash tender offer for up to $1,043,885,000 of outstanding senior notes. This Maximum Amount increased from $1 billion. The offer includes various notes with different yields, spreads, and total consideration, such as 9.500% Notes due 2025 and 4.250% Notes due 2025. The Early Tender Deadline is set for April 23, 2021. Additionally, Kohl’s has met the Financing Condition by issuing $500 million in new 3.375% Notes due 2031. The settlement date is expected on April 13, 2021, with accrued interest included.