Shares of department-store chain Kohl''s are tumbling on its investor day. Kohl''s introduced a long-term financial framework that seems to be getting a chilly reception.
The retailer is ignoring calls to sell off locations, plus will open 100 smaller stores.

Kohl''s updates long-term strategies at investor event

01:53pm, Monday, 07'th Mar 2022 Seeking Alpha
Kohl’s Corporation (KSS) provided an update ahead of the company''s virtual Investor Day event. Read more.
Kohl''s Corp. said Monday that it aims to grow the Sephora partnership into a $2 billion business across more than 850 stores. The goal is part of a long-term plan Kohl''s detailed before its Monday investor event. "Kohl''s is undergoing a significant transformation of our business model and brand to be the retailer of choice for the Active and Casual lifestyle," said Chief Executive Michelle Gass in a statement. Kohl''s is targeting a low-single digit percent sales growth and mid-to-high single digits percent EPS growth over the long term. The company also aims to acquire millions of customers through its returns partnership with Amazon.com Inc. ; open more than 100 smaller-format stores over the next four years; grow its digital business to $8 billion; and more. Kohl''s has been entangled in a battle with activist investor group Macellum Advisors, which has a slate of board members it will nominate. Kohl''s announced its most recent quarterly earnings last week. Kohl''s stock is up 5.7% over the past year while the S&P 500 index has gained 12.7%.
Kohl's CEO Michelle Gass defended the company's progress at refreshing its brand Monday (March 7) amid investor pressure on the department store to consider a sale. “Make no mistake, this is a trans
Yahoo Finance's Brian Sozzi discusses why Kohl's stock is trending lower today.
Kohl's Corporation (NYSE: KSS) updated its long-term financial targets this morning, only minutes ahead of its investor day. Here's everything that CEO Michelle Gass is aiming for.
Kohl's Corp (NYSE: KSS) provided a long-term financial target update, expecting low-single digits percent sales growth and mid-to-high single digits percent EPS growth. The company aims to grow the
CNBC's Courtney Reagan joins 'Squawk Box' to report the latest from retailer Kohl's, which released details from its long-term forecast ahead of its investor day.
Kohl's issued fresh long-term financial targets for its business, including growing sales by a low-single-digit percentage annually.
Kohl’s, Best Buy, and General Dynamics were among the U.S. companies that declared dividend increases this week, as payouts continue to remain robust overall.
Kohl's, Best Buy, and General Dynamics were among the U.S. companies that declared dividend increases this week.

5 Times Jim Cramer Was Wrong

08:43pm, Friday, 04'th Mar 2022 Benzinga
Jim Cramer, host of CNBC’s "Mad Money" for an astonishing 18 seasons, has served as the receiving end of many jokes. His stock-picking record — despite the on-air shouts, blurts, and high-octane
The "Mad Money" gave his thoughts on next week's earnings slate and other key market events.
Shares of Foot Locker have fallen sharply based on a shift away from Nike and a disappointing 2022 outlook. But is there a silver lining going forward?
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