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 (NYSE: KSS) has opened its sixth e-commerce fulfillment center in Etna, Ohio, to meet rising online demand. This 1.2 million square-foot facility is the company's largest and most efficient, focusing on faster order processing through advanced automation. With over 100% growth in digital sales over five years, the center enhances Kohl's operational efficiency and geographic reach. Kohl's aims to add over 400 jobs in the Columbus area and leverage its stores for online order fulfillment, enhancing its omnichannel capabilities.
Macellum Advisors, Ancora Holdings, Legion Partners, and 4010 Capital, collectively known as the Investor Group, announced their nomination of five candidates for Kohl's Board of Directors (NYSE: KSS). The group owns approximately 9.3% of Kohl's common stock, totaling 14,696,905 shares, including call options. The letter asserts that many of Kohl's claims are unfounded and presents a case for change in governance. The complete letter is accessible online.
Kohl's Corporation (NYSE: KSS) has reached out to shareholders to highlight the strength of its Board of Directors, emphasizing their qualifications and recent successes. The company has experienced over 200% stock price appreciation since announcing a new strategy in October 2020, significantly outperforming the S&P 500. Kohl's is urging shareholders to vote for its 12 highly qualified nominees using the BLUE proxy card for the upcoming Annual Meeting on May 12, 2021. Additionally, the Board has reinstated the quarterly dividend and share repurchase program, showcasing its commitment to enhancing shareholder value.
Kohl’s Corporation (NYSE: KSS) has initiated a cash tender offer for up to $1 billion in various Notes, including 9.500% and 4.250% Notes due 2025, among others. The offer, detailed in an Offer to Purchase dated March 29, 2021, allows holders to tender their Notes by April 23, 2021, with an Early Tender Deadline of April 9, 2021. Early participants will receive total consideration that includes an early tender premium. The Tender Offer is subject to terms in the Offer to Purchase and may be amended or withdrawn.
Macellum Advisors, Ancora Holdings, Legion Partners, and 4010 Capital, collectively owning 9.3% of Kohl’s (NYSE: KSS), have proposed five candidates for the Board of Directors election on May 12, 2021. They criticize the current Board for excessive executive compensation despite poor performance, highlighting a 43% salary increase for the CEO in 2020 amid a 20% sales decline. They argue that the Board’s compensation strategy misaligns with shareholder interests and has led to significant underperformance compared to the retail industry.
Kohl's (NYSE: KSS) has announced the addition of Cole Haan, a prominent footwear brand, to its inventory, now available in 200 stores and online. This range includes popular styles such as leather loafers and the innovative Stitchlite™ footwear. The partnership aims to appeal to customers' active lifestyles and enhance Kohl's brand portfolio, which already features numerous national brands like Nike and Adidas. Kohl's is focused on evolving its offerings to attract new customers and strengthen its reputation as a key player in the active and casual retail market.
Kohl’s Corporation (NYSE:KSS) announced the mailing of definitive proxy materials for its Annual Meeting of Shareholders on May 12, 2021. Shareholders of record as of March 24, 2021, are eligible to vote. The Board emphasizes its commitment to enhancing shareholder value through a new growth strategy initiated in October 2020, which has led to a 200% stock price increase, outperforming the S&P 500. Additionally, digital sales grew over 20% year-over-year in Q4 2020. The Board urges shareholders to reject the activist group's proxy card, asserting that their nominees would hinder progress.
Macellum Advisors, Ancora Holdings, Legion Partners, and 4010 Capital have filed a definitive proxy statement for board nominees at Kohl's Corporation (KSS). The Investor Group collectively owns 14,950,605 shares, representing about 9.5% of KSS's common stock. The group highlights Kohl's chronic stock underperformance, the necessity for a new strategy, and accountability for flawed executive compensation practices. They advocate for a refreshed board to unlock value creation, asserting the superior skillsets of their nominees compared to the current directors. Shareholders are encouraged to vote the WHITE Proxy Card.
Kohl’s Corporation (NYSE: KSS) has issued a statement rejecting the proposals from activist investors aiming for short-term financial engineering. The company emphasizes its commitment to sustainable growth, with stock appreciating nearly 200% since announcing a new strategy in October, significantly outperforming the S&P 500. Kohl’s Board has refreshed 50% of its members since 2016, enhancing relevant expertise crucial for future growth, particularly in digital areas. The company is open to discussions with activist investors while maintaining its focus on long-term profitability.
Macellum Advisors, Ancora Holdings, Legion Partners, and 4010 Capital have filed a revised preliminary proxy statement to nominate five new directors for Kohl’s Corporation (KSS) Board. The Investor Group collectively owns approximately 9.5% of Kohl's stock and aims to replace incumbents they consider unqualified. They criticize the current Board's failure to enhance shareholder value and propose nominees with significant retail expertise. The goal is to construct a competent Board to drive sustainable growth and address past stagnation in Kohl’s performance.
FAQ
What is the current stock price of Kohls (KSS)?
What is the market cap of Kohls (KSS)?
