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.
Macellum Advisors, Ancora Holdings, Legion Partners, and 4010 Capital have filed a definitive proxy statement for board nominees at Kohl's Corporation (KSS). The Investor Group collectively owns 14,950,605 shares, representing about 9.5% of KSS's common stock. The group highlights Kohl's chronic stock underperformance, the necessity for a new strategy, and accountability for flawed executive compensation practices. They advocate for a refreshed board to unlock value creation, asserting the superior skillsets of their nominees compared to the current directors. Shareholders are encouraged to vote the WHITE Proxy Card.
Kohl’s Corporation (NYSE: KSS) has issued a statement rejecting the proposals from activist investors aiming for short-term financial engineering. The company emphasizes its commitment to sustainable growth, with stock appreciating nearly 200% since announcing a new strategy in October, significantly outperforming the S&P 500. Kohl’s Board has refreshed 50% of its members since 2016, enhancing relevant expertise crucial for future growth, particularly in digital areas. The company is open to discussions with activist investors while maintaining its focus on long-term profitability.
Macellum Advisors, Ancora Holdings, Legion Partners, and 4010 Capital have filed a revised preliminary proxy statement to nominate five new directors for Kohl’s Corporation (KSS) Board. The Investor Group collectively owns approximately 9.5% of Kohl's stock and aims to replace incumbents they consider unqualified. They criticize the current Board's failure to enhance shareholder value and propose nominees with significant retail expertise. The goal is to construct a competent Board to drive sustainable growth and address past stagnation in Kohl’s performance.
Kohl’s Corporation (NYSE: KSS) released an updated investor presentation highlighting its strategic initiatives and Board capabilities amidst activist investor challenges. Key points include strengthening its competitive position in a changing retail landscape, a strategic framework aiming for a 7%-8% operating margin, and a partnership with Sephora to boost beauty sales. The presentation emphasizes the experience and capabilities of Kohl’s Board compared to activist investors, asserting confidence in engagement and resistance to control attempts. The Company continues to focus on driving long-term shareholder value amidst ongoing market changes.
Macellum Advisors, Ancora Holdings, Legion Partners, and 4010 Capital, together owning approximately 9.5% of Kohl's Corporation (NYSE: KSS), are urging shareholders for Board changes ahead of the 2021 Annual Meeting. They criticize the Board's recent performance, claiming lack of retail expertise has led to weak earnings and disappointing 2021 guidance, with projected sales and earnings declining by 8.5% and 44% from 2019 levels. They argue that Kohl's needs a refreshed Board to enhance market competitiveness and shareholder value, citing the failed track record of the current Board.
Kohl’s (NYSE: KSS) has announced a one-year donation of $250,000 to support the Milwaukee Public Museum's Thank You Thursdays, offering free access to visitors on the first Thursday of each month. This initiative, launching on March 18, 2021, aims to enhance community engagement, allowing nearly 190,000 guests free admission since its inception. Kohl's has contributed over $785 million to community support nationwide, with more than $2 million specifically for the Milwaukee Public Museum, highlighting its commitment to community involvement.
Kohl’s Corporation (NYSE: KSS) reported significant declines in total revenue for the year ending January 30, 2021, down 20.1% to $15,955 million from $19,974 million in 2019. The company experienced a net loss of $163 million compared to a profit of $691 million the previous year. Despite these challenges, Kohl's reported a 29% increase in net income for the fourth quarter, totaling $343 million with earnings per share at $2.20. The 2021 outlook predicts a mid-teen increase in net sales and a return to capital allocation strategies, including dividends and share buybacks.
Kohl’s (NYSE: KSS) has been recognized by Ethisphere as one of the 2021 World’s Most Ethical Companies for the third consecutive year. This annual assessment evaluates companies based on ethics, compliance, and social impact among other criteria. Kohl’s is among three retail honorees, highlighting its commitment to ethical practices and governance. Ethisphere emphasized Kohl's resilience and trust-building with stakeholders during challenging times. This recognition underscores Kohl’s strategy to integrate ethics within its operations, enhancing its corporate reputation.
Kohl's (NYSE: KSS) has donated $400,000 to the Boys & Girls Clubs of Greater Milwaukee to support services impacted by the pandemic. The funding will enhance virtual learning, provide social and emotional support, and allow the continuation of community meal programs. This donation is part of Kohl's ongoing commitment to community support, with more than $700,000 contributed to the Boys & Girls Clubs of Greater Milwaukee alone. Kohl's emphasizes its responsibility to address the pressing needs of local families during these challenging times.
Kohl’s Corporation (NYSE: KSS) responded to an investor group's announcement regarding the nomination of nine directors for election at the 2021 Annual Meeting. The Company values shareholder engagement but opposes the group's attempt to gain control of the Board, asserting that it is already executing a robust growth strategy. Kohl's reported strong Q3 results and preliminary Q4 earnings exceeding expectations. The stock has appreciated over 170% since unveiling its new strategy, with plans to expand partnerships, including a significant collaboration with Sephora, and enhance profitability through better operational efficiency.
