UBS Raises Price Target on Kohl's Corp. (KSS) to $50 Following 3Q EPS Beat

Kohl's Corporation Reports Third Quarter Financial Results

November 10, 2016 7:00 AM EST

MENOMONEE FALLS, Wis.--(BUSINESS WIRE)-- Kohls Corporation (NYSE: KSS) today reported results for the three and nine month periods ended October 29, 2016.

    Three Months     Nine Months ($ in millions)     2016     2015     Change     2016     2015     Change Sales $ 4,327     $ 4,427     (2.3)% $ 12,481     $ 12,817     (2.6)% Comparable store sales (1.7 )% 1.0 % (2.4 )% 0.8 % Gross margin 37.1 % 37.1 % 2 bp 37.4 % 37.7 % (26) bp Selling, general, and administrative expenses $ 1,080 $ 1,099 (2)% $ 3,074 $ 3,10 (1)% Reported... More

Kohl’s Announces Planned Retirement of Chief Financial Officer in Late Spring 2017

November 9, 2016 4:45 PM EST

MENOMONEE FALLS, Wis.--(BUSINESS WIRE)-- Kohls Department Stores (NYSE: KSS) today announced that its chief financial officer, Wesley S. McDonald, intends to retire in late Spring 2017 after 14 years of service with the company.

Wes has played an important role in the companys growth and development over the last 14 years. His business knowledge and financial... More