|Price Range 12mo avg:||$8M – $20M|
|$/sf 12mo avg:||$143.57|
|CAP Rate 12mo avg:||5.80%|
|Lease Terms:||21yrs NN|
|Building Size avg:||87,800 SF|
|Lot Size avg:||10.30+/- acres|
Kohl’s goal is to become the most engaging retailer in America through five strategic pillars: amazing product, incredible savings, easy experience, personalized connections and winning teams.
- Kohl’s Corp. was founded in 1962 and remain headquartered in Menomonee Falls, Wisconsin – a suburb of Milwaukee.
- Kohl’s Corp. operates more than 1,162 stores across 49 states and generate annual sales in excess of $19 billion.
- Kohl’s offer quality, national and exclusive brands for their customers, their families and their homes. In addition to their powerful portfolio of only-at-Kohl’s brands, which includes well-known brands such as Simply Vera Vera Wang, Jennifer Lopez and Food Network, Kohl’s is the #1 retailer in the U.S. of many national brands such as Levi’s, Dockers and Columbia.
- Kohl’s is focused on creating an easy, connected omni-channel experience for theit customers. One of the cornerstones of this strategy is Kohls.com, which launched in 2001.
- Kohl’s success is driven by a winning team of approximately 140,000 associates who consistently put customers first, act with integrity, build great teams and drive results.
|S&P Credit Rating:||BBB|
|Moody’s Credit Rating:||Baa1|
|Annual Revenue 2014:||$19.02B|
|Annual Revenue 2013:||$19.03B|
|Revenue Growth:||↓ 0.3% from 2013|
|Units (Jan. 2015)||1,162|
|Average Units Volume:||$16.4M|
Yahoo! Finance: KSS News Latest Financial News for KSS
Hedge fund manager Singh calls Trump's handling of coronavirus 'an incredible gift'
on July 13, 2020 at 9:51 pm
President Donald Trump's handling of the coronavirus outbreak early this year was "an incredible gift" for investors because it kept markets stable long enough for some to protect their portfolios, Axon Capital co-founder Dinakar Singh told investors this month. Trump has justified his public assurances that the virus will quickly go away by arguing he needs to be "a cheerleader" for the United States to avoid creating "havoc and shock." "We simply never believed 'what happens in China stays in China,'" Singh wrote in a letter to investors last week that was seen by Reuters. […]
Did Hedge Funds Make The Right Call On Kohl’s Corporation (KSS) ?
on July 13, 2020 at 2:44 pm
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
Why the Outlook for Kohl’s Stock Isn’t Pretty
on July 10, 2020 at 3:35 pm
Kohl's (NYSE:KSS) and Kohl's stock don't look like winners in the short term or the long term. The retailer just doesn't appear to have what it takes to succeed during the novel coronavirus crisis in particular or the e-commerce revolution in general.Source: Sundry Photography/Shutterstock.com For retailers with hundreds of brick-and-mortar stores to thrive in this era, I think they need a very strong brand or a powerful e-commerce business or they need to be the best in their category. Kohl's appears to have none of those characteristics.I've never heard anyone say, "I really like shopping at Kohl's." In the handful of times I've been in its stores in the past ten years, they've never been crowded.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Losing Ground Before Covid-19Even before the pandemic, when the economy was growing rapidly, the chain was losing ground. Its comparable sales sank 1.3% in 2019, and its net income fell to $691 million last year from $801 million in 2018. The retailer's top line declined to $19.97 billion in 2019 from $20.23 billion in 2018.The company has not become an e-commerce giant. For much of its first quarter, which ended on May 2, e-commerce was booming. But its Q1 top line came in at just $2.4 billion, down 43.5% year-over-year, and it reported a large per-share loss of $3.52.Finally, Kohl's is clearly not the strongest department store chain. Based on multiple metrics, TJX (NYSE:TJX) and Macy's (NYSE:M) are stronger than Kohl's. In TJX's fiscal 2020, its net sales surged to $41.7 billion from $38.97 billion in FY18, and its earnings per share climbed to $2.67 from $2.43.Macy's net sales slipped just 0.8% in 2019, meaningfully less than Kohl's 1.3% decline. Further, Macy's bottom line, excluding certain items, tumbled 30% year-over-year. But its adjusted net income came in at $906 million, well above Kohl's $691 million. And Macy's 2019 operating income actually rose 3.9% YOY to $970 million, while Kohl's operating income fell to $401 million from $441 million. What Keeps Kohl's Stock From the Top?Kohl's isn't viewed as selling quality items at affordable prices like TJX's stores or Gap's (NYSE:GPS) Old Navy, but it's not seen as having high-quality clothing like Macy's or Nordstrom (NYSE:JWN). As a result, nothing about Kohl's strongly entices consumers to shop there.I'm also not too thrilled about Kohl's main strategic initiatives. Accepting returns from Amazon (NASDAQ:AMZN) will mostly attract consumers who like shopping online and are looking for affordable items. Kohl's doesn't excel in either area. * The 7 Best Stocks to Invest in Right NowKohl's decision to allow Planet Fitness (NYSE:PLNT) to open gyms nears Kohl's stores also, in my opinion, isn't likely to greatly boost Kohl's results. When I go to the gym, I'm usually pressed for time, and I want to get my workout done and go home immediately afterward. I'm sure many if not most people feel similarly.Macy's strategy of launching discount stores, known as Backstage, that will likely employ the successful strategies of Old Navy and TJX, is much more likely to be successful than Kohl's deals with Amazon and Planet Fitness.As I noted in 2018, Macy's has multiple other positive catalysts, including the strong loyalty of its customers and its efforts to make 150 of its stores more exciting and technologically advanced.Finally, some on the Street are bullish on Kohl's and Kohl's stock largely because most of the retailer's stores are not located in malls. But that won't prevent Kohl's from having major problems. Plenty of retailers whose stores are primarily located in strip malls have gone bankrupt; think Toys R Us, Circuit City, and Pier 1 (OTC:PIRRQ). The Bottom Line on Kohl's StockKohl's attributes leave it poorly positioned to compete effectively in today's world, and its strategies are not going to improve its situation much going forward. Given these points, investors should sell Kohl's stock.Those who want to bet on a retail comeback story should buy the shares of TJX or Macy's instead.Larry Ramer has conducted research and written articles on U.S. stocks for 13 years. He has been employed by The Fly and Israel's largest business newspaper, Globes. Larry began writing columns for InvestorPlace in 2015. Among his highly successful, contrarian picks have been GE, solar stocks, and Snap. You can reach him on StockTwits at @larryramer. As of this writing, Larry Ramer owned shares of TJX. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Why the Outlook for Kohl's Stock Isn't Pretty appeared first on InvestorPlace. […]
Buy Lululemon Stock — It Won’t Be Hurt by the ‘Mall Apocalypse’
on July 10, 2020 at 3:03 pm
In fact not having stores in the mall is often seen as a positive catalyst in itself for brands. Expect that to continue, says Raymond James. Analyst Matthew McClintock reiterated a Strong Buy rating and $335 price target on Lululemon (ticker: LULU) Friday, writing that the athletic apparel company isn’t overexposed to the malls and won’t be hurt by their pain. […]
Thursday Morning Market Highlights
on July 9, 2020 at 5:27 pm
Markets in the red, Bed Bath & Beyond plummets on earnings Continue reading... […]