Kohl's (KSS) Holiday Results Prove Death of Retail Greatly Exaggerated

Kohl's (KSS) PT Raised to $69 at Citi Following Holiday Sales Results

January 10, 2018 7:01 AM EST

Citi raised its price target on Kohl's (NYSE: KSS) to $69.00 (from $65.00) while maintaining a Buy rating following the company's holiday sales results. Comps increased 6.9% for the Nov/Dec period and while management noted that lapping the presidential election and warm weather LY helped... More

Kohl's outstrips peers in best holiday season in years

January 8, 2018 11:41 AM EST

By Vibhuti Sharma and Siddharth Cavale

(Reuters) - Kohl's Corp posted far stronger same-store sales for the holidays than its bigger peers, as a revamp of its business model and a strategy to have more stand-alone department stores rather than at struggling shopping malls paid off.

Kohl's shares jumped nearly 9 percent to $59.07 on Monday, their highest since December 2016, after the retailer reported a 6.9 percent rise in same-store sales for November and December, putting it on track for its best holiday quarter in three years.

Analysts said that came courtesy of a revamp of Kohl's beauty... More

Kohl's Corp. (KSS) Holiday Comps Rose 6.9%; Boosts FY17 EPS Guidance

January 8, 2018 7:01 AM EST

Kohls Corporation (NYSE: KSS) today reported that its total and comparable sales for November and December 2017 combined increased 6.9% over the same period last year.

Kevin Mansell, Kohl's chairman, chief executive officer and president, said, We are very pleased with our Holiday period sales, which were consistently strong through November and December. All lines of business and all regions reported positive comp sales. As expected, growth in digital demand accelerated significantly in the Holiday period from the year-to-date trend. In addition, we experienced positive sales in our... More