Jefferies Reiterates Buy on Kohl's Corp. (KSS) Following 2Q and Macy's Announced Closures

Kohl's Corporation Reports Second Quarter Financial Results

August 11, 2016 7:00 AM EDT

MENOMONEE FALLS, Wis.--(BUSINESS WIRE)-- Kohls Corporation (NYSE: KSS) today reported results for the three and six month periods ended July 30, 2016.

      Three Months     Six Months ($ in millions)     2016   2015   Change     2016   2015   Change Sales $ 4,182   $ 4,267   (2.0)% $ 8,154   $ 8,390   (2.8)% Comparable store sales (1.8 )% 0.1 % (2.8 )% 0.8 % Gross margin 39.5 % 38.9 % 53 bp 37.6 % 38.0 % (40) bp Selling, general, and administrative expenses $ 986 $ 1,005 (2)% $ 1,994 $... More

Kohl’s Corporation Announces Board Changes

August 10, 2016 4:15 PM EDT

MENOMONEE FALLS, Wis.--(BUSINESS WIRE)-- Kohl's Corporation (NYSE: KSS) today announced that its Board of Directors elected Adrianne Shapira as a new board member, effective immediately. She has been elected to a term expiring at Kohls 2017 annual shareholders meeting and will be eligible for re-election by Kohls shareholders at that time. She will initially serve on the Board of Directors Governance and Nominating Committee.

Adrianne is a great addition to our board, said Kevin Mansell, Kohls chairman, chief executive officer and president. Her strong financial expertise as well as her broad... More