$KSS (Kohl's Corp.)

$KSS {{ '2016-06-13T20:47:22+0000' | timeago}} • SEC

Specialty department store $KSS said that during 1Q16, the company recorded $53MM in store impairment charges and $11MM of severance and other costs related to the previously announced store closures and corporate re-alignment. $KSS expect to incur an additional $105-110MM in related charges in 2Q16.

$KSS {{ '2017-09-26T13:24:49+0000' | timeago}} • Announcement

$KSS said Kevin Mansell, Chairman, CEO and President will retire in May 2018 as of the close of its annual shareholders meeting. Michelle Gass will assume the CEO role at that time. COO Sona Chawla will assume the role of President.

$KSS {{ '2017-09-06T16:07:59+0000' | timeago}} • Announcement

$KSS said a new Amazon smart home experience will be available in 10 select Kohl’s stores across the Los Angeles and Chicago areas starting in October. With the new Amazon smart home spaces, customers can purchase Amazon devices, accessories and smart home devices and services directly from Amazon, within Kohl’s stores.

$KSS {{ '2017-08-22T13:39:38+0000' | timeago}} • Announcement

Retail firm $KSS said it will open four small format stores and its fifth e-commerce fulfillment center in 3Q17. Shipping from the center is expected to being this month. The new stores will also serve as centers for customers to buy online and pick up in store. Further, Kohl’s will rightsize the physical square footage of select stores.

$UA {{ '2017-08-11T16:54:56+0000' | timeago}} • Webcast

On the $UA brand addition to the company store, $KSS stated that the extension lifted its overall sales in Active, in Apparel and Footwear up in the range of about 14%. Additionally, $NKE and Adidas both had positive sales increases in 2Q17 despite this Under Armour extension.

$KSS {{ '2017-08-11T16:53:03+0000' | timeago}} • Webcast

$KSS' two largest brands, Simply Vera Vera Wang and Lauren Conrad, posted double-digit sales increases in 2Q17. Online demand sales jumped 19% sequentially. Importantly, company's stores met 31% of its online demand units, up YoY and sequentially. Both 'ship from store' and 'buy online pick up in-store' improvement contributed to these result.

$KSS {{ '2017-08-10T14:05:52+0000' | timeago}} • Announcement

$KSS GM and SG&A expenses were consistent with its expectations and the company saw benefits from its ongoing inventory initiatives and the early stages of cost-saving initiative. $KSS ended 2Q17 with 1,154 Kohl's stores in 49 states compared with 1,150 a year earlier. Kohl's also had 12 FILA Outlets and four Off/Aisle clearance centers in 2Q17.

$KSS {{ '2017-08-10T14:00:31+0000' | timeago}} • Announcement

Department store operator $KSS, which has been trying new initiatives to drive back customers to its stores, reported a 49% jump in its 2Q17 profit, as the retailer saw more purchases than expected in July. Net income was $208MM or $1.24 per share up from $140MM or $0.77 per share a year earlier. Revenue, however, declined 1% to $4.14Bil.

$KSS {{ '2017-08-10T13:50:21+0000' | timeago}} • Infographic

$KSS Kohl's Corporation Earnings AlphaGraphics: Q2 2017 highlights

$KSS {{ '2017-06-27T12:25:17+0000' | timeago}} • Announcement

$KSS appointed Bruce Besanko to the position of CFO, reporting directly to chairman, CEO and president Kevin Mansell. Besanko will join the company on July 10, 2017.

$KSS {{ '2017-05-11T16:52:45+0000' | timeago}} • Infographic

$KSS Kohl's Corporation Limited Earnings AlphaGraphics: Q1 2017 highlights

$KSS {{ '2017-05-11T15:14:26+0000' | timeago}} • Webcast

With regards to the store fleet, $KSS stated that it is currently refixturing and remerchandising its stores. Weather impacted the sales in beginning of the first quarter of 2017 and it improved in March and April, the company said. Other than weather, other headwinds also impacted the company's sales in February.

$KSS {{ '2017-05-11T11:48:05+0000' | timeago}} • Announcement

$KSS BoD declared a quarterly cash dividend on its common stock of $0.55 per share. The dividend is payable June 21, 2017 to shareholders as on June 7, 2017.

$KSS {{ '2017-05-11T11:45:59+0000' | timeago}} • Announcement

Comparable store sales for $KSS was down 2.7% during 1Q17, better than a fall of 3.9% it reported in the same quarter last year.

$KSS {{ '2017-05-11T11:41:41+0000' | timeago}} • Announcement

Department store $KSS posted better earnings in 1Q17, as it saw higher footfall to its stores in April and May. Net income was $66MM, or $0.39 per share, compared to $17MM, or $0.09 per share in the year-over period. Excluding non-recurring items, net income rose to $0.39 per share. Meanwhile, revenue was down 3.2% to $3.84Bil.

$WFM {{ '2017-05-10T20:30:17+0000' | timeago}} • Announcement

$WFM appointed Keith Manbeck as EVP and CFO, effective May 17, 2017. Manbeck most recently serving as SVP of Digital Finance, Strategy Management and Business Transformation at $KSS since 2014. As earlier announced, Glenda Flanagan will retire as CFO, coincident with Manbeck’s appointment. Flanagan will continue to serve in senior advisor capacity.

$KSS {{ '2017-04-10T16:34:04+0000' | timeago}} • Announcement

$KSS appointed Greg Revelle as chief marketing officer. Revelle will be responsible for $KSS' marketing organization and overall marketing strategy, including its focus on driving customer engagement through analytics, enhancing the loyalty platform, accelerating customer traffic and continuing to build $KSS' overall brand position.

$HELE {{ '2017-03-15T13:25:09+0000' | timeago}} • Announcement

$HELE BoD has appointed Krista Berry to serve on its Board, effective April 1, 2017. The Board intends to nominate Berry as a director at the next annual general meeting of shareholders. She was most recently Chief Digital Officer at $KSS.

$KSS {{ '2017-02-23T14:31:39+0000' | timeago}} • Webcast

$KSS said it continues to spend more on its new e-commerce distribution center. The company expects its fifth fulfillment center, which is dedicated to serve Kohls.com customers, to be three times as productive as exiting fulfillment centers given the level of automation made in that center.

$KSS {{ '2017-02-23T14:27:08+0000' | timeago}} • Webcast

$KSS said it will continue to roll out its new point-of-sale system to improve customer assistance both in store and online. With 50% of traffic coming from mobile, the company is more focused on improving the conversion rate on the mobile side of the business.

$KSS {{ '2017-02-23T14:10:01+0000' | timeago}} • Webcast

$KSS' CapEx for 2016 was $768MM, lower than guidance range of $825MM. On a YoY basis, CapEx increased $78MM mainly due to the spending for fifth e-commerce fulfillment center, which is scheduled to open in 2018. The company said its CapEx forecast of $700MM for 2017 will be mostly on IT spending.

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