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| Mar 11, 2025 | Kohl’s shares plunge 20% as retailer gives rough outlook for the year ahead | Kohl’s earnings and revenue topped estimates for the fourth quarter, but it issued disappointing guidance for 2025.
Revenue came in at $5.18 billion for the fourth quarter and $15.39 billion for the full year.
The retailer said it expects r... |
| Dec 14, 2022 | I went holiday shopping at both Kohl's and T.J. Maxx. Despite its higher prices, one department store is a very clear winner. | Danielle Bauter compared her shopping experiences at Kohl's and T.J. Maxx. Danielle Bauter
T.J. Maxx and Kohl's are popular department stores with great prices.
Danielle Bauter decided to shop at both stores in Upland, California and compar... |
| Nov 17, 2022 | Kohl’s Stock Hit as It Pulls Guidance for Fourth Quarter | Kohl’s stock fell in premarket trading Thursday after the company reported third-quarter earnings that beat expectations, but declined to provide fourth-quarter guidance.
Analysts had just adjusted their forecasts in light of last week’s up... |
| Jul 8, 2022 | Kohl’s Stock Lands in the Damaged Bin | Wall Street has lost faith in Kohl’s given problems facing nearly all retailers and a potential deal that was scrubbed.
The department store chain (ticker: KSS) announced the morning of July 1 that it had ended buyout talks with Vitamin Sho... |
| Jul 1, 2022 | Kohl's plummets 20% as the retailer ends talks with Franchise Group for $8 billion buyout | Kohl's shares sank 20% after the retailer announced it ended talks with Franchise Group to be acquired.
The company also lowered its sales forecasts for the second quarter.
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Kohl's stock sank 20% on Friday after the company ann... |
| Apr 22, 2022 | ‘Slow turnaround’: Kohl’s new initiatives may not be enough to keep activist investors at bay | But, in early December, Reuters reported that Macellum was ramping up to challenge the retailer once again after the retailer underperformed Macellum’s sales expectations. Indeed, by January, Macellum was once again asking for additional bo... |
| Apr 12, 2022 | Kohl’s gets $9B bid from owner of Vitamin Shoppe: report | More On: kohls
Activist investor urges Kohl’s to be more transparent about sales process Hudson’s Bay Co. likely front-runner in bid for Kohl’s: source Kohl’s ignites bidding war and stock jumps Activist investor Macellum trying to grab con... |
| Feb 10, 2022 | Kohl : receives EPA WasteWise Regional and National Awards | Kohl's has a long-standing focus on Environmental, Social and Governance (ESG) stewardship. Responsible corporate citizenship has always been an important part of our company's values and guides how we interact with our customers, associate... |
| Feb 7, 2022 | Kohl's rejects multiple takeover bids at $9B value | Kohl's has rejected separate takeover bids from Sycamore Partners and Starboard Value-backed Acacia Research, Bloomberg reported. Sycamore was said to be willing to pay at least $65 a share for Kohl's, while Acacia had bid $64 a share. The ... |
| Jan 25, 2022 | Sycamore eyes Kohl's takeover at $9B valuation | Sycamore Partners has reportedly reached out to Kohl's Corp about a potential takeover bid that would value the department store operator at around $9 billion. Sycamore is said to be willing to pay at least $65 a share for the company. Syca... |
| Jan 24, 2022 | Kohl's soars 36% as the department store chain receives 2nd takeover bid | Kohl's shares jumped 36% on Monday following a report of interest by Sycamore Partners in the retailer.
Kohl's confirms receiving 'letters expressing interest' in acquiring the company.
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Kohl's shares soared by more than a thir... |
| Jan 24, 2022 | Kohl’s soars 36% as the department store chain receives 2nd takeover bid | A woman shops for jewellery at a Kohl’s department store. FREDERIC J. BROWN/AFP/Getty Images
Kohl’s shares jumped 36% on Monday following a report of interest by Sycamore Partners in the retailer.
Kohl’s confirms receiving ‘letters expressi... |
| Jan 21, 2022 | Kohl’s Gets $9 Billion Bid From Starboard Value Group | A consortium backed by activist hedge fund Starboard Value LP has offered roughly $9 billion to buy department store Kohl’s Corp. , according to people familiar with the matter.
A group led by Acacia Research Corp., which Starboard controls... |
| Dec 16, 2021 | Kohl : Achieves A- CDP Ranking on 2021 Climate Change Response | Kohl's is proud to be awarded CDP's A- ranking. This is the third consecutive year we have been recognized at the CDP's Leadership Level, demonstrating a significant acknowledgment of our continued commitment to climate action.
CDP is widel... |
| Dec 14, 2021 | Kohl : Announces New Solar Initiatives in 2022 | The future is getting brighter in 2022, keep your eyes peeled
Kohl's is committed to incorporating climate emissions reduction efforts in the way we do business to help build better futures for families. To that end, our solar energy techno... |
| Nov 15, 2021 | Kohl : Named to Dow Jones Sustainability Index for Fourth Consecutive Year | Kohl's is proud to be included on the 2021 Dow Jones Sustainability Index (DJSI) North America by S&P Global's Corporate Sustainability Assessment (CSA). This marks the fourth year in a row we have received the designation. Inclusion in... |
| May 20, 2021 | Kohl’s is betting that activewear and beauty will drive shoppers back to its stores | “I think as restrictions are being lifted across the U.S. and people are coming to events or there are signs of going back to a hybrid version of back-to-work, there are some [new] needs for apparel,” said Jessica Ramirez, a retail analyst ... |
| Mar 11, 2021 | Kohl’s Comments on Activist Investors’ Announcement | MENOMONEE FALLS, Wis.--(BUSINESS WIRE)--Mar 11, 2021--
Kohl’s Corporation (NYSE:KSS) (“Kohl’s” or the “Company”) today issued the following statement in response to the amended preliminary proxy filing put forward by Macellum Advisors GP, L... |
| Mar 9, 2021 | Kohl’s Updates Investor Presentation Highlighting Progress on Strategy and Plans to Drive Continued Momentum | MENOMONEE FALLS, Wis.--(BUSINESS WIRE)--Mar 9, 2021--
Kohl’s Corporation (NYSE:KSS) (“Kohl’s” or the “Company”) today released an updated investor presentation detailing progress on its strategy and initiatives to drive continued momentum. ... |
| Mar 31, 2020 | Kohl's extends store closure, draws down US$1 billion credit facility amid coronavirus outbreak | REUTERS: Kohl's Corp said on Monday it would extend the duration of store closure, and fully draw down on its US$1 billion revolving credit facility to control damages from the coronavirus pandemic.
The department store operator also said i... |
| Kohl’s shares tumble despite the retailer’s strong sales beat and hiked outlook | Kohl’s fiscal first-quarter profit and sales soared past analysts’ estimates.
CEO Michelle Gass said momentum built throughout the quarter, especially in Kohl’s stores.
The retailer is lapping a period a year earlier when its stores were fo... |
| Kohl’s issues better-than-expected outlook as margins withstand supply chain strain | Kohl’s on Tuesday reported fiscal fourth-quarter sales that came in below analysts’ estimates for the key holiday quarter.
The retailer notably issued an upbeat outlook for fiscal 2022, calling for net sales to rise 2% to 3%.
Despite linger... |
| Kohl’s says takeover offers undervalue its business, initiates ‘poison pill’ | Kohl’s said recent takeover offers undervalue its business in light of future growth and cash flow generation, following a review by independent financial advisors.
The department store also has adopted a shareholder rights plan, otherwise ... |
| Kohl’s shares rise as retailer posts better-than-expected earnings, sees sales growth in 2021 | Kohl’s fourth-quarter earnings and sales topped analysts’ estimates.
The retailer pointed to stronger growth in 2021, as its initiatives to drive sales growth are expected to take hold.
CEO Michelle Gass said in a statement that the company... |
| Kohl’s sees holiday-quarter revenue down 10%, but says sales strengthened toward end of January | Kohl’s released preliminary fourth-quarter results, anticipating sales will be down about 10% year over year, and same-store sales will drop 11%.
Analysts had been calling for a revenue decline of 8.9%, according to Refinitiv.
CEO Michelle ... |
| Activist investor group cuts its Kohl’s board slate to 5 directors from 9 | The group of activist investors looking to seize control of Kohl’s board reduced the number of directors that it plans to nominate, to five from nine. Kohl’s has a 12-member board.
Kohl’s was quick to reject the initial proposal late last m... |
| Kohl's says final sale bids expected in coming weeks; retailer slashes full-year outlook after earnings miss | Kohl's said final and fully-financed bids from potential buyers are expected in the coming weeks.
CEO Michelle Gass said Kohl's has been "pleased with the number of parties who recognize the value of our business and plan."
The co... |
| Kohl’s calls on shareholders to reject activist Macellum’s proposal ahead of annual meeting | Kohl’s is pushing back against activist investor Macellum’s campaign to add new directors to the retailer’s board.
In a letter sent to its shareholders on Thursday, Kohl’s called Macellum’s nominees an “unqualified slate.”
Kohl’s is trying ... |
| Kohl’s shares jump after retailer reports 16% sales increase as shoppers buy clothes and makeup | Kohl’s saw sales rise by 16% in the third quarter, as shoppers bought clothes and makeup.
The department store also raised its forecast for the year.
The retailer has been trying to draw customers to its stores and website by expanding its ... |
| Kohl’s stock plummets more than 20% after massive earnings miss | Kohl’s posted a quarterly loss and missed Wall Street’s revenue expectations for the first quarter.
The retailer also lowered its forecast for the full year.
The company noted strength in its Sephora shop-in-shop partnership. In March, Kohl... |
| Kohl's shares jump after retailer enters exclusive sale talks with Franchise Group | Kohl's said it has entered into exclusive negotiations with retail holding company Franchise Group, which is proposing to buy the retailer for $60 per share.
Such a price tag would value Kohl's at roughly $8 billion.
Franchise Group is work... |
| Kohl’s, facing activist pressure, plans to open smaller shops and aims to make Sephora a $2 billion business | Kohl’s issued fresh long-term financial targets for its business, including growing sales by a low-single-digit percentage annually.
The retailer, which is facing pressure from activist investors, announced that it aims to grow its Sephora ... |
| Kohl’s receives $9 billion bid backed by Starboard Value | ASSOCIATED PRESS / 2021
A woman arrives at a Kohl’s store in West Des Moines, Iowa on Feb. 25.
A group backed by activist hedge fund Starboard Value LP is offering about $9 billion for retailer Kohl’s Corp., according to people familiar wit... |
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