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) 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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