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 (KSS) provides investors and stakeholders with essential updates through this centralized news hub. Track official press releases, financial announcements, and strategic developments from the department store leader known for affordable fashion, home goods, and community-focused retail initiatives.
This resource delivers timely updates on earnings reports, leadership changes, store expansions, and digital commerce advancements. Users will find analysis of Kohl's omnichannel strategies, private-label innovations, and partnerships that shape its position in competitive retail markets.
Discover coverage of Kohl's community programs like Kohl's Cares alongside operational updates impacting long-term growth. Content is organized for efficient navigation, with clear sourcing and contextual explanations of retail-specific terminology.
Bookmark this page for streamlined access to Kohl's corporate communications and market-moving developments. Combine regular visits with Stock Titan's financial tools to monitor KSS performance against industry trends.
Kohl's (NYSE: KSS) has unveiled its new brand platform, 'Where Families Come First,' celebrating authentic family moments. The initiative aims to connect emotionally with customers through a campaign titled 'When Life Gets Real, Start Here.' Kohl's will showcase real, unfiltered family experiences across various marketing channels, emphasizing its product offerings for everyday life and special occasions.
To mark the launch, Kohl's is hosting the Kohl's Cash Ultimate Giveaway event from September 6-8, offering instant Kohl's Cash coupons in-store. Customers can also enjoy three days of deals and a 20% discount on qualifying purchases. The new platform reinforces Kohl's commitment to serving diverse families with a wide range of products, including apparel, home goods, Sephora at Kohl's, and Babies'R'Us items.
Kohl's (NYSE:KSS) reported Q2 fiscal 2024 results with net sales decreasing 4.2% and comparable sales down 5.1%. Despite challenges, the company achieved a 13% increase in earnings, driven by gross margin expansion and strong inventory management. Key highlights include:
- Diluted EPS of $0.59, up from $0.52 in the prior year
- Gross margin increased 59 basis points to 39.6%
- Inventory declined 9% year-over-year
- Strong performance in growth areas like Sephora, home decor, and gifting
Kohl's updated its full-year 2024 outlook, projecting net sales to decrease 4-6% and comparable sales to decline 3-5%. The company remains committed to returning capital to shareholders through dividends and strengthening its balance sheet.
Kohl's (NYSE:KSS) has announced a regular quarterly dividend of $0.50 per share on its common stock. The dividend is set to be paid on September 25, 2024, to shareholders of record as of the close of business on September 11, 2024. Kohl's, a leading omnichannel retailer, operates more than 1,100 stores across 49 states and maintains a strong online presence through Kohls.com and the Kohl's App. The company emphasizes its commitment to delivering value, convenience, and great brands to customers while making a positive impact in the communities it serves.
Kohl's (NYSE: KSS) has launched its back-to-school campaign, offering savings and new, on-trend merchandise for families. The collection features popular brands such as Too, Aéropostale, Nike, adidas, and Under Armour, with essential items like tees, denim, and sneakers priced under $20. Special promotions include Kohl's Cash®, Kohl's Rewards®, tax-free weekends, and exclusive deals on dorm room essentials. Additionally, Kohl's is donating over $250,000 to Boys & Girls Clubs of America for back-to-school shopping grants, aiming to support communities nationwide.
Kohl's (NYSE: KSS) reported its first-quarter fiscal 2024 financial results, ending May 4, 2024, with a net sales decrease of 5.3% to $3.2 billion and a comparable sales decline of 4.4%. Regular price sales rose 2.4%, but clearance sales negatively impacted overall comparable sales by 600 basis points. The gross margin increased by 48 basis points to 39.5%. The company recorded a diluted loss per share of $0.24, compared to a net income of $0.13 per share in the prior year. Inventory levels were down 13% year-over-year. Kohl's updated its financial outlook for full-year 2024, expecting net sales to decrease between 2% and 4%, with diluted EPS projected to range from $1.25 to $1.85.
The company is committed to returning capital to shareholders via a $0.50 per share dividend, payable on June 26, 2024. Despite the first quarter's underperformance, CEO Tom Kingsbury expressed confidence in strategic initiatives, including partnerships with Sephora and Babies 'R' Us.
The Board of Directors of Kohl’s (NYSE:KSS) has declared a regular quarterly dividend of $0.50 per share on the company's common stock.
The dividend will be payable on June 26, 2024, to shareholders of record at the close of business on June 12, 2024.
Kohl’s is a leading omnichannel retailer, operating over 1,100 stores across 49 states and offering online shopping through its website and app.
Kohl’s (NYSE: KSS) held its annual shareholders meeting in Menomonee Falls, Wis. Shareholders elected eleven board members, including Wendy Arlin and Michael J. Bender, with an average approval rate of over 96%. The advisory vote to approve executive compensation received over 92% support. The appointment of Ernst & Young LLP as the independent auditor for 2024 was ratified with more than 94% approval. Shareholders approved the 2024 Long-Term Compensation Plan by over 93%. However, a proposal for a Corporate Financial Sustainability Report was rejected, receiving less than 6% support. Final results will be filed on Form 8-K.
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