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Kohls Corporation - KSS STOCK NEWS

Welcome to our dedicated page for Kohls Corporation news (Ticker: KSS), a resource for investors and traders seeking the latest updates and insights on Kohls Corporation stock.

Kohl's Corporation (symbol: KSS) is a leading American department store chain, headquartered in Menomonee Falls, Wisconsin. Established in 1962, Kohl's operates approximately 1,174 stores across 49 states, primarily located in strip centers. The retailer offers a wide range of products, including private-label and national brand clothing, shoes, accessories, cosmetics, and home furnishings. Women's apparel is the largest category, contributing to 26% of the company's 2023 sales.

Kohl's is committed to inspiring and empowering families to lead fulfilled lives through its diverse product offerings and exceptional customer service. The company’s mission extends beyond retail, as it actively engages in various community support programs. Through initiatives like Kohl’s Cares and Associates in Action, Kohl's contributes significantly to youth-serving nonprofit organizations and environmental conservation efforts.

Financially, Kohl's maintains a robust presence in both physical and digital retail spaces. The company has successfully expanded its e-commerce operations, ensuring a seamless shopping experience for customers nationwide. Recent achievements include collaborations with notable brands and the introduction of innovative products to meet the evolving needs of consumers.

Kohl's strong emphasis on corporate responsibility is evident in its environmental sustainability efforts. The retailer seeks innovative solutions to promote long-term stability, reflecting its dedication to being a responsible community member. Investors benefit from the company’s transparent and timely information, underscoring Kohl's commitment to maintaining trust and accountability.

In summary, Kohl's Corporation stands out for its extensive product range, community involvement, and sustainable practices, making it a significant player in the retail industry.

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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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Kohl’s (NYSE: KSS) commits $5 million over three years to Alliance for a Healthier Generation, supporting well-being resources for families. The partnership focuses on health equity, mental well-being, and healthy lifestyles for youth. New initiatives include the Healthy at Home Playbook for Schools. Kohl’s has provided over $12 million in funding to Healthier Generation, impacting over 30,000 schools, districts, and organizations.
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Kohl’s (NYSE: KSS) expands home assortment by 40% to offer newness in select categories, focusing on wall art, botanicals, lighting, pet, storage, ceramics, and seasonal decor. The strategy aims to position Kohl’s as a destination for stylish and affordable home goods, with a strong initial customer response.
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Kohl’s (NYSE: KSS) partners with WHP Global to bring Babies“R”Us products to millions of families, expanding reach with younger customers. The first Babies“R”Us shops will open in Kohl’s in August, with plans to roll out to 200 stores by fall 2024. Customers can also shop baby products on Kohls.com and use the Babies“R”Us at Kohl’s registry. Kohl’s CEO sees significant opportunity in the baby gear category and aims to establish Kohl’s as the go-to brand for families.
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Kohl’s Corporation (KSS) reported a decrease in net sales and comparable sales for the fourth quarter and fiscal year 2023. Despite challenges, the company saw improvements in operating income, gross margin, and net income. Kohl’s CEO highlighted strategic initiatives and partnerships to drive future growth. The company introduced its fiscal year 2024 financial outlook, focusing on comparable sales growth and capital allocation. Kohl’s also declared a quarterly cash dividend for shareholders.
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Kohl’s (KSS) has been recognized as one of the 2024 World’s Most Ethical Companies® by Ethisphere for the sixth consecutive year. The company stands out in the retail industry for its commitment to business integrity, ethics, compliance, and governance programs.
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Kohl’s Corporation (KSS) announces a regular quarterly dividend of $0.50 per share on its common stock, payable on April 3, 2024.
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Rollins, Inc. announces the nomination of Dale Jones for election to the Board of Directors at the 2024 Annual Meeting, while Lead Director Jerry Nix is set to retire. Dale Jones, currently the CEO of MagnaVista Partners, has extensive experience in leadership development consulting. Jerry Nix, who has been the Lead Director since 2021, will retire post the annual meeting.
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Kohl's (NYSE: KSS) announced a $1.5 million commitment to Hunger Task Force over two years, continuing a long-standing partnership. This funding supports the purchase and distribution of healthy foods to partner food pantries, soup kitchens, and homeless shelters across Milwaukee. Kohl's has committed over $11.5 million to Hunger Task Force since 2009. The retailer aims to improve the health and wellness of families across Milwaukee through its hometown partnerships and volunteer programs.
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Kohl’s (NYSE: KSS) appoints Wendy C. Arlin, a veteran with over 30 years of corporate finance and consumer industry experience, as an independent director. Her appointment is part of the Board's ongoing refreshment process, aiming to enhance leadership and retail experience. Wendy Arlin's appointment expands the Board to 13 directors, with 12 being independent. She will serve on the Board's Audit Committee and has been appointed to a term expiring at Kohl's 2024 annual shareholders meeting.
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FAQ

What is the current stock price of Kohls Corporation (KSS)?

The current stock price of Kohls Corporation (KSS) is $17.03 as of November 22, 2024.

What is the market cap of Kohls Corporation (KSS)?

The market cap of Kohls Corporation (KSS) is approximately 1.9B.

What is Kohl's Corporation?

Kohl's Corporation is a leading American department store chain offering a wide range of products, including clothing, shoes, accessories, cosmetics, and home furnishings.

Where is Kohl's headquartered?

Kohl's is headquartered in Menomonee Falls, Wisconsin.

How many stores does Kohl's operate?

Kohl's operates approximately 1,174 stores across 49 states.

What is Kohl's largest product category?

Women's apparel is the largest product category for Kohl's, contributing to 26% of its 2023 sales.

Does Kohl's have an online shopping platform?

Yes, Kohl's operates a large digital sales business, providing a seamless shopping experience online.

What community programs does Kohl's support?

Kohl's supports various community programs, including Kohl's Cares and Associates in Action, which focus on youth-serving nonprofit organizations and environmental conservation.

How does Kohl's contribute to environmental sustainability?

Kohl's promotes environmental sustainability through innovative solutions and practices aimed at long-term stability.

When was the first Kohl's department store opened?

The first Kohl's department store was opened in 1962.

How does Kohl's ensure transparency with investors?

Kohl's ensures transparency by providing accurate, timely, and helpful information to investors.

What is Kohl's mission?

Kohl's mission is to inspire and empower families to lead fulfilled lives by offering accessible and valuable products.

Kohls Corporation

NYSE:KSS

KSS Rankings

KSS Stock Data

1.89B
109.49M
1.58%
127.25%
31.91%
Department Stores
Retail-department Stores
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United States of America
MENOMONEE FALLS