Kohls Corp Stock Price, News & Analysis

Kohl's reported its Q1 2025 financial results with mixed performance. Net sales decreased 4.1% to $3 billion with comparable sales down 3.9%. Despite sales challenges, the company showed some improvements with gross margin increasing 37 basis points to 39.9% and SG&A expenses decreasing 5.2% to $1.2 billion. The company reported a net loss of $15 million, or ($0.13) per diluted share, an improvement from the prior year's loss of ($0.24) per share. Operating income improved to $60 million, up from $43 million year-over-year. Kohl's affirmed its full-year 2025 outlook, expecting net sales to decrease 5-7% and diluted EPS between $0.10-$0.60. The company declared a quarterly dividend of $0.125 per share, payable June 25, 2025.

Kohl's (NYSE: KSS) has announced the pricing of a $360 million private offering of senior secured notes with a 10% interest rate, maturing in 2030. The notes will be guaranteed by Kohl's subsidiaries and secured by collateral including 11 distribution centers and e-commerce fulfillment facilities held in a new holding company. The offering is expected to close on May 30, 2025. The company plans to use the proceeds to repay borrowings under its revolving credit facility, which will then be used to repay its 4.25% notes due in 2025. The notes are being offered exclusively to qualified institutional buyers and non-U.S. persons under Rule 144A and Regulation S respectively.

Kohl's Corporation (NYSE: KSS) has announced its regular quarterly dividend payment. The company will distribute a dividend of $0.125 per share to shareholders, with the payment scheduled for June 25, 2025. Shareholders who own KSS stock as of the record date on June 11, 2025, will be eligible for this dividend payment.

Kohl's operates as a leading omnichannel retailer with over 1,100 stores across 49 states, alongside its digital presence through Kohls.com and the Kohl's App. The company focuses on providing value through a combination of great brands and convenience for its customers.

Kohl's Corporation (NYSE: KSS) held its 2025 Annual Meeting of Shareholders where several key proposals were voted on. Shareholders elected eight members to the Board of Directors, including Wendy Arlin, Michael J. Bender, Yael Cosset, H. Charles Floyd, Robbin Mitchell, Jonas Prising, John E. Schlifske, and Adolfo Villagomez, each for one-year terms.

The meeting resulted in shareholders approving the fiscal 2024 compensation for Named Executive Officers and ratifying Ernst & Young LLP as the company's independent auditor for fiscal year 2026. A shareholder proposal regarding executive severance payments was not approved.

Kohl's operates over 1,100 stores across 49 states and maintains a strong online presence through Kohls.com and its mobile app.

Kohl's (NYSE: KSS) has announced a private offering of $360 million in senior secured notes due 2030. The notes will be secured by collateral including 11 distribution centers and e-commerce fulfillment facilities, which will be held in a newly-formed holding company. The company plans to use the proceeds to repay borrowings under its revolving credit facility, which will subsequently be used to repay its 4.25% notes due 2025.

The notes will only be offered to qualified institutional buyers under Rule 144A and non-U.S. persons outside the United States under Regulation S. The offering is subject to market conditions and there is no guarantee of completion.

Kohl's (NYSE: KSS) has announced an immediate CEO transition, with Michael Bender appointed as Interim CEO following the termination of Ashley Buchanan for cause. The termination resulted from an investigation that revealed Buchanan violated company policies through undisclosed conflicts of interest in vendor transactions. The Board emphasized that the termination was unrelated to company performance or financial reporting. Bender, who has served as a Board Director since 2019 and Board Chair since 2024, brings over 30 years of retail leadership experience. The company also released preliminary Q1 2025 expectations, projecting comparable sales decline of -4.3% to -4.0%, operating income of $40-45 million, and diluted EPS ranging from ($0.24) to ($0.20). Kohl's operates over 1,100 stores nationwide, serving more than 60 million customers.

Kohl's (NYSE:KSS) reported its Q4 and full-year fiscal 2024 results, showing significant sales declines. Fourth quarter net sales decreased 9.4% to $5.2 billion, with comparable sales down 6.7%. Q4 diluted EPS was $0.43, with adjusted EPS of $0.95.

For the full fiscal year 2024, net sales declined 7.2% to $15.4 billion, with comparable sales dropping 6.5%. The company reported annual diluted EPS of $0.98 and adjusted EPS of $1.50, compared to $2.85 in the previous year. Operating income fell to $433 million from $717 million.

Looking ahead to 2025, Kohl's expects:

• Net sales to decrease 5-7%
• Comparable sales to decline 4-6%
• Operating margin between 2.2-2.6%
• Diluted EPS range of $0.10-$0.60

The company declared a quarterly dividend of $0.125 per share, payable April 2, 2025.

Kohl's (NYSE: KSS) announced donations exceeding $1 million in grants to more than 40 nonprofits nationwide through the Kohl's Cares® National Giveback Initiative, focusing on family health and wellness. Each nonprofit will receive a $25,000 grant. The funding comes from Kohl's Cares Goods for Good™ program, which has donated over $30 million since 2018 through sales of children's books and toys. Additionally, Kohl's announced $500,000 in donations to Milwaukee and Waukesha counties nonprofits and $400,000 through the Shopping Grant program to over 200 nonprofits nationwide.

Kohl’s (NYSE: KSS) is launching its new Giveaway Saturday events this December, offering customers a chance to have their cart paid for each Saturday leading up to Christmas. Starting December 7, and continuing on December 14 and 21, four lucky customers at each of Kohl’s over 1,100 stores will have their cart paid for, totaling more than 10,000 carts this holiday season.

Kohl’s will also introduce a Daily Gift Drop with a new featured product each day from December 3 to December 24, alongside Super Saturday Deals with up to 50% off select items. Additionally, shoppers can earn Kohl’s Cash every day until December 24, with special discounts for Kohl’s Card users and Rewards members.

On December 7, early shoppers will receive a Kohl’s Cash ornament with any purchase. Kohl’s is also extending store hours from December 20 to December 23, and on Christmas Eve for customer convenience.