Professional
Added to YB: 2024-03-13
Pitch date: 2024-03-12
KSS [bullish]
Kohl's Corporation
+5.54%
current return
Author Info
No bio for this author
Company Info
Kohl's Corporation operates as an omnichannel retailer in the United States. It offers apparel, footwear, accessories, beauty products, and home products through its stores and website.
Market Cap
$1.9B
Pitch Price
$22.05
Price Target
50.00 (+115%)
Dividend
2.98%
EV/EBITDA
5.71
P/E
8.99
EV/Sales
0.54
Sector
Broadline Retail
Category
turnaround
Kohl's Corporation: Plans Taking Shape, but Slowly; Shares Very Undervalued
KSS: Analyst Swartz maintains $50 target despite Q4 -1% sales; 4.3% comp sales dip, 8 straight Qs fall. Positives: Store efficiency, Sephora/Babies 'R' Us deals, 32.4% gross margin beat. But '24 margins forecast underwhelming vs pre-COVID levels. Strong digital sales + Sephora improve offer but face tough competition. Long-term 5% operating margins, 1% sales growth expected, despite strategic revamps & cost cuts. Concerns: Online apparel shift, discount reliance, strategy efficacy.
Read full article (4 min)