Kohl’s (KSS) Comments on Investor Statement and Director Nominations

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Go back to Kohl’s (KSS) Comments on Investor Statement and Director Nominations

Kohl’s Comments on Investor Statement and Director Nominations

February 22, 2021 12:35 PM EST

New strategic plan announced in October 2020 focuses on accelerating growth and profitability Third quarter and preliminary fourth quarter results demonstrate improved performance Seven equity analyst upgrades and significant shareholder value creation since introduction of new strategy with stock price appreciation of more than 170%, outperforming the S&P 500 by more than 150% Independent Board acting as agents of change and committed to ongoing refreshment; appointed six independent directors since 2016 Activists campaign for board control threatens continued progress and momentum

MENOMONEE FALLS, Wis.--(BUSINESS... More