Kohl's joins department store retailers to warn of weak 2024 growth
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Kohl's (KSS) PT Lowered to $24 at Citi
March 13, 2024 5:04 AM EDTCiti analyst Paul Lejuez lowered the price target on Kohl's (NYSE: KSS) to $24.00 (from $27.00) while maintaining a Neutral rating.
The analyst comments "KSS beat 4Q EPS driven by better GM/SG&A, but sales continue to be weak. F24 comp... More
Kohl's (KSS) PT Raised to $21 at JPMorgan, Offers 'Mgmt Follow-Up Takes'
March 12, 2024 12:58 PM EDTJPMorgan analyst Matthew R. Boss raised the price target on Kohl's (NYSE: KSS) to $21.00 (from $20.00) while maintaining a Neutral rating.
The analyst comments We see KSS $75-80K HH income core customer demographic and off-mall store fleet well positioned versus brick/mortar peers with the companys balance sheet generating ~$1.6B in annual FCO by FY22/23 supporting a mid-single-digit dividend and... More
Kohl’s (KSS) posts strong earnings, gross margin beat in Q4, issues weak guidance
March 12, 2024 7:35 AM EDTKohls (NYSE: KSS) reported better-than-expected earnings and gross margin for the fiscal fourth quarter.
Revenue for the quarter and guidance, on the other hand, missed expectations, resulting in a volatile premarket trade for its shares.
In FQ4 2023, Kohls generated earnings per share (EPS) of $1.67, versus the consensus estimate of $1.27. Revenue came in at $5.71 billion, short of the... More
