Kohl's Corp is a retail company that operates a department store chain offering a wide range of products, including clothing, footwear, accessories, beauty products, and home goods
The company focuses on providing value to its customers through regular promotions and discounts, while also emphasizing an enjoyable shopping experience both in-store and online. Kohl's aims to cater to a diverse demographic by curating a variety of national brands alongside exclusive private labels, positioning itself as a destination for family-oriented shopping needs. Additionally, the company adapts to evolving consumer trends and focuses on sustainability initiatives to enhance its brand appeal.
Kohl's Inc. (NYSEKSS) is cutting around 10% of its corporate workforce, impacting fewer than 400 roles, after the appointment of new CEO Ashley Buchanan.
Kohl's has gotten torched over the last six months - since June 2024, its stock price has dropped 36% to $14.85 per share. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
Holiday cheer now seems to be everywhere, and people appear to be buying into it -- by literally swiping their credit cards right and left. So, now is the optimal time to look into Kohl’s Corp.
Explore TJX Companies and Ross Stores to see which off-price retail stock offers greater upside in 2025. Analyze their performance and growth potential.
Discover why Kohl's stock is under pressure amid holiday challenges but still offers long-term value with a 13% dividend and potential for a turnaround.
Shares of department store chain Kohl’s (NYSEKSS)
jumped 5.4% in the morning session after data from Adobe Analytics, which tracks retail transactions, revealed that shoppers spent a record $10.8 billion online on Black Friday (2024), representing more than a 10% growth compared to the previous year, and more than double what consumers spent in 2017. This is a bullish 'read-through' for retailers and aligns with some of the positive sentiments and holiday spending trends observed by some of the companies that have reported this earnings season.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Nordstrom (NYSEJWN) and the rest of the general merchandise retail stocks fared in Q3.
