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 Corporation (NYSE: KSS) is urging shareholders to vote for its slate of 13 director nominees in response to a proxy contest led by Macellum. The Company emphasizes the experience and qualifications of its Board, highlighting recent additions that aim to maximize shareholder value. Kohl's has undertaken a strategic review process with Goldman Sachs, engaging over 25 bidders. Under the current strategy, Kohl's achieved record EPS and doubled its annual dividend to $2 per share for 2022. Kohl's warns against the inexperienced slate proposed by Macellum, questioning their ability to deliver sustainable value.
Macellum Advisors, holding nearly 5% of Kohl's Corporation (KSS), issued a rebuttal presentation challenging the incumbent Board's claims about the company's performance from its April 21 presentation. Macellum argues that Kohl's has underperformed against its peers and faces significant risks if there is no change in leadership or a fair sale of the company before the Annual Meeting. Macellum is urging shareholders to vote for its 10 independent nominees to drive accountability and improve strategic planning.
Kohl's Corporation (NYSE: KSS) has detailed its progress in maximizing shareholder value through a robust strategy and a strong Board of Directors. The Company reported record EPS and significant capital returns, including over $1.5 billion in share repurchases and dividends since October 2020. Highlights include a partnership with Sephora and a capital allocation strategy that includes a 100% dividend increase and a new $3 billion share repurchase authorization. Kohl's is also evaluating expressions of interest for potential buyouts, engaging Goldman Sachs in the process while asserting the inadequacy of Macellum Advisors' board nominees.
Macellum Advisors, holding nearly 5% of Kohl’s Corporation (NYSE: KSS), urges shareholders to vote for its 10 independent nominees using the WHITE proxy card. In a presentation, Macellum highlights Kohl's ongoing underperformance, citing a 13% drop in share price and significant market share losses. They criticize the management’s strategic missteps, including excessive capital expenditures and poor asset utilization. Macellum asserts that fresh leadership is essential for long-term value creation and urges shareholders to reject the current board.
Kohl’s Corporation (NYSE: KSS) has sent a letter to shareholders emphasizing the qualifications of its Board of Directors amid ongoing proposals from Macellum Advisors to change the board composition. The company has added six new independent directors in the last three years and asserts that its board has the necessary skills for effective oversight, particularly in M&A processes. Kohl's urges shareholders to vote for its 13 directors, highlighting concerns over the qualifications of Macellum's nominees, who lack public company experience. The Annual Meeting is set for May 11, 2022.
Macellum Advisors, holding nearly 5% of Kohl’s Corporation (KSS) shares, has expressed concerns regarding the Board’s strategic review process, calling it flawed and lacking transparency. They highlight a significant share price lag, trading 15% below reported offers, and criticize the Board for rejecting credible acquisition interest. Macellum questions the effectiveness of the Board’s capital-intensive plan and its failure to address shareholder concerns. They urge the Board to clarify the status of acquisition bids before the upcoming Annual Meeting.
Kohl’s Corporation (NYSE: KSS) announced a shareholder letter highlighting a transformation aimed at boosting growth and profitability. The Board is engaged in evaluating interest from multiple potential buyers while criticizing Macellum's director nominees as inexperienced. The letter emphasizes substantial progress since initiating a new strategy in October 2020, achieving record EPS and a 146% total shareholder return since then. Kohl’s is urging shareholders to vote for its nominees on the BLUE Proxy Card amid claims of Macellum’s contradictory agenda that lacks value-enhancing proposals.
Macellum Advisors, a significant stakeholder in Kohl’s (NYSE: KSS), is urging shareholders to support their proposed board slate at the upcoming Annual Meeting on May 11, 2022. They criticize the current board for poor performance, including rejecting acquisition offers and implementing unfavorable practices like a poison pill strategy. Despite these concerns, Macellum believes a restructured board could enhance value through credible reviews of the company's direction. Shareholders are encouraged to vote using the WHITE proxy card for Macellum's slate.
Kohl's Corporation (NYSE: KSS) has mailed its definitive proxy materials for its Annual Meeting of Shareholders on May 11, 2022. The Board emphasizes its strong performance with a total shareholder return of 146% since October 2020 and a record adjusted EPS of $7.33 in 2021. The company plans to continue initiatives such as expanding its Sephora partnership and enhancing digital sales, targeting $8 billion in 2022. Kohl's urges shareholders to vote for its board nominees over those proposed by Macellum, citing their lack of experience and potential negative impacts on long-term value.
Kohl's Corporation (NYSE: KSS) announced that its Board of Directors is reviewing multiple preliminary offers for acquisition. These offers are currently non-binding and lack committed financing. The Board has engaged Goldman Sachs to assist selected bidders in refining their proposals to include committed financing. The Finance Committee, comprised of independent directors, is overseeing this review, which follows a settlement agreement with Macellum Advisors GP, LLC. This process reflects Kohl's ongoing efforts to explore strategic options for growth and shareholder value enhancement.
