Kohls Corp (NYSE:KSS) and Redfin Corp (NASDAQ:RDFN) are both seeing unusual options activity today. With both stocks moving in different directions at last glance, let's dive deeper into what's driving this price activity and drawing options traders to the table. KSS is down 0.6% to trade at $19.82 at last glance, after J.P. Morgan Securities lowered its price target to $19 from $20. The retail stock now sports a 30.4% year-to-date deficit, and has struggled with a ceiling at the $20.50 level for most of Au ...

Kohl's plans to have 200 Babies R Us shops in its stores by the end of September. The retailer will sell a wide variety of baby gear, including strollers, car seats and cribs. Courtesy: Kohl's WOODLAND PARK, N.J. — Kohl's is thinking small to rev up its sales. The retailer is opening Babies R Us shops in its existing stores across the country starting this week, and plans to have 200 by the end of September. The shops will carry a variety of baby merchandise that the company hasn't offered before, including ...

jetcityimage Introduction Kohl’s Corporation (NYSE:KSS) is a department store whose shares have been subject to volatile trading during 2024. The company’s first quarter earnings, released in late May, sent shares cratering. Despite the disappointing earnings report, shares have rallied and stabilized around $23 per share. While I believe that Kohl’s dividend is sustainable, investors should consider Kohl’s 10.5% yielding bonds maturing in 2033. FINRA Guidance Caused the Crash The main reason behind t ...

MIAMI, FLORIDA - MARCH 12: A Kohl's department store sign hangs outside the building on March 12, ... [+] 2024 in Miami, Florida. (Photo by Joe Raedle/Getty Images)Getty Images[Note: Kohl’s fiscal year 2023 ended February 3, 2024]Kohl’s stock (NYSE: KSS), a department store that features apparel, footwear, accessories, soft home products, and housewares targeted to middle-income customers, currently trades at $22 per share, around 65% below its level of $64 seen on May 17, 2021 (pre-inflation shock high), a ...

A Kohl's department store sign hangs outside the building on March 12, 2024 in Miami, Florida. Shares of Kohl's fell as it posted a drop in same-store sales in the fourth quarter.Milwaukee based department store giant Kohl's says it will not sponsor any events related to the Republican National Convention in that city this summer, where Donald Trump will be crowned the party's nominee for president."Kohl's is not a political organization nor donor and is not sponsoring nor engaging in any specific RNC event ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 4, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition period from ________ to _________ Commission file number 1-11084 KOHL’S CORPORATION (Exact name of registrant as specified in its charter) Wisconsin 39-1630919 (State or other jurisdic ...

Key PointsKohl’s surprised investors with a Q1 2024 loss of 24 cents versus expectations for a profit of 5 cents, sending shares lower by over 28%.Kohl's is experiencing consumer demand problems as inventories continue to shrink 13% YoY while gross margin rose 48 bps.Kohl’s has a large 33.7% short interest, an 8.93% annual dividend yield, and real estate holdings estimated to be worth between $7 billion to $8 billion, overshadowing its $2.5 billion market cap.5 stocks we like better than Kohl'sDepartment st ...

Kohl's stock price tanked by as much as 26% on Thursday after the department store chain posted a surprise quarterly loss on weaker consumer demand — especially among inflation-battered middle-class shoppers, the company said. The Wisconsin-based company cut its annual sales and profit forecasts as shoppers are still prioritizing essential purchases over discretionary products like apparel, electronics and home goods as they face dwindling pandemic-era savings. Discretionary spend of Kohl's middle-income cu ...

Kohl's shares plunged as much as 25% on Thursday after the retailer reported a surprise first-quarter loss and lowered its forecast for the year. The department store chain saw a 5.3% drop in net sales for the fiscal quarter ending May 4, and comparable sales were down 4.4%. The company said lower clearance sales versus last year amounted to a 600-basis-point drag on comparable sales. "Our first quarter results did not meet our expectations and are not reflective of the direction we are heading with our str ...

财务数据和关键指标变化 - 第一季度销售额下降5.3%,可比销售下降4.4% [55] - 毛利率为39.5%,同比增加48个基点,主要得益于库存管理良好和运费下降 [57] - 销售、管理及一般费用下降约1%至12亿美元,公司严格控制费用 [57] - 净亏损2700万美元,每股亏损0.24美元 [58] 各条业务线数据和关键指标变化 - Sephora业务增长60%,美妆同店销售增长超20% [19][20] - 家居装饰和宠物业务分别增长30%和100% [23] - 礼品和冲动品类销售分别增长30%和60% [24][25] - 女装业务中,常规价格销售增长3% [28][29] - 男装和童装的运动服业务受到清仓销售的拖累 [43][44] - 珠宝业务持续下滑,公司正在重新建立在店内的位置和陈列 [45] 各个市场数据和关键指标变化 - 公司表示高收入客户消费保持稳定,中等收入客户受经济因素影响较大 [16][17] 公司战略和发展方向及行业竞争 - 公司正在执行四大战略重点:提升客户体验、加速和简化价值策略、严格管控库存和费用、进一步加强资产负债表 [17][18] - 公司在Sephora、家居、礼品和冲动品类等新兴业务取得进展,但在运动服、珠宝和部分家居品类仍有机会待改善 [19][23][24][45][46] - 公司计划在2024年新开140家Sephora店铺,并在200家店铺开设Babies"R"Us专区 [21][27] - 公司正在通过提升女装、礼品等业务来吸引更年轻、更多元化的客户群 [21][24][30] 管理层对经营环境和未来前景的评论 - 公司表示第一季度业绩未达预期,主要受到去年高水平清仓销售的拖累 [11][41] - 公司预计随着清仓销售压力的消除,业绩将会改善,但仍对消费环境的不确定性持谨慎态度 [15][64] - 公司将继续专注于提升客户体验、简化价值策略、严格管控库存和费用、加强资产负债表 [17][18] 其他重要信息 - 公司将在2024年第二季度减持1.13亿美元的2025年到期债券,以降低平均债务成本 [61] - 公司维持现有水平的股息支付是优先事项之一 [62] 问答环节重要的提问和回答 问题1 **Bob Drbul 提问** 询问公司对战略的信心以及面临的挑战 [71][72][73][74][75][76] **Tom Kingsbury 回答** 公司对整体战略仍有信心,正在调整一些细节,并正在积极应对运动服、珠宝和部分家居品类的机会 [73][74][75][76] 问题2 **Oliver Chen 提问** 询问清仓影响程度超预期的原因,以及未来推动业绩改善的关键因素 [81][82][83][84][85][86][87] **Jill Timm 回答** 清仓影响超预期主要是由于3月下旬和4月份常规价格销售放缓,公司正在通过Sephora、新品类等举措推动业绩改善 [82][83][84][85][86][87] 问题3 **Mark Altschwager 提问** 询问未来毛利率和费用管控的情况,以及长期7-8%的营业利润率目标是否仍然适用 [106][107][108][109][110] **Jill Timm 回答** 公司有信心维持40-50个基点的毛利率改善,并将继续严格控制费用,长期7-8%的营业利润率目标仍然适用,关键在于推动销售增长 [107][108][109][110]