Kohl's Corp is a retail company that operates a department store chain offering a wide range of products, including clothing, footwear, accessories, beauty products, and home goods
The company focuses on providing value to its customers through regular promotions and discounts, while also emphasizing an enjoyable shopping experience both in-store and online. Kohl's aims to cater to a diverse demographic by curating a variety of national brands alongside exclusive private labels, positioning itself as a destination for family-oriented shopping needs. Additionally, the company adapts to evolving consumer trends and focuses on sustainability initiatives to enhance its brand appeal.
Department store chain Kohl’s (NYSEKSS) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 9.4% year on year to $5.40 billion. Its GAAP profit of $0.43 per share was 43.9% below analysts’ consensus estimates.
As we await the opening of the US market on Tuesday, let's delve into the pre-market session and discover the top gainers and losers shaping the early market sentiment.
Kohl's shares are dropping after the company reported a 9.4% decline in Q4 sales to $5.175 billion. Despite a slight increase in gross margin, operating income fell, and the dividend was cut to $0.125 per share.
Stocks in the $10-50 range offer a sweet spot between affordability and stability as they’re typically more established than penny stocks.
But their headline prices don’t guarantee quality, and investors should exercise caution as some have shaky business models.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the department store industry, including Dillard's (NYSEDDS) and its peers.
High dividend stocks are naturally appealing on the surface, due to their high dividend yields. But income investors need to make sure they do not fall into a dividend ‘trap’.
Walmart downsized its workforce, asking employees to relocate to offices in Arkansas or California. Other retailers like Amazon and Kohl's also downsized.
