Weaker Sales, Slower Deliveries Contribute Kohl's (KSS) Inflated Inventory Levels; Stifel Affirms at 'Buy'
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Kohl's (KSS) Results Solid, but High Expectations Have Pressured Shares; Stifel Trims PT to $80
May 14, 2015 2:22 PM EDTStifel lowers its price target on Buy-rated Kohl's (NYSE: KSS) from $85 to $80 following Q1 results and outlook issued earlier Thursday. The new price target is 16 times FY16 EPS estimates.
Analyst Richard Jaffe noted the following key takeaways from Kohl's conference call today:
Loyalty Positively Impacting Results Management indicated that non-credit outperformed credit for the... MoreKohl's Corp. (KSS) Declares $0.45 Quarterly Dividend; 2.4% Yield
May 14, 2015 7:01 AM EDTKohl's Corp. (NYSE: KSS) declared a quarterly dividend of $0.45 per share, or $1.8 annualized.
The dividend will be payable on June 24, 2015, to stockholders of record on June 10, 2015, with an ex-dividend date of June 8, 2015.
The annual yield on the dividend is 2.4 percent.
For... More
Kohl's Corp. (KSS) Tops Q1 EPS by 8c
May 14, 2015 7:00 AM EDTKohl's Corp. (NYSE: KSS) reported Q1 EPS of $0.63, $0.08 better than the analyst estimate of $0.55. Revenue for the quarter came in at $4.12 billion versus the consensus estimate of $4.18 billion.
Comps rose 1.4 percent.
Kevin Mansell, Kohl's chairman, chief executive officer and president, said, "Sales... More
