Date | Price Target | Rating | Analyst |
---|---|---|---|
5/31/2024 | $28.00 → $23.00 | Market Perform | Telsey Advisory Group |
3/13/2024 | $25.00 → $28.00 | Market Perform | Telsey Advisory Group |
11/22/2023 | $29.00 → $25.00 | Market Perform | Telsey Advisory Group |
11/7/2023 | $24.00 | In-line | Evercore ISI |
8/24/2023 | $24.00 → $29.00 | Market Perform | Telsey Advisory Group |
6/15/2023 | $23.00 → $30.00 | Market Perform → Outperform | TD Cowen |
1/30/2023 | $27.00 | Sell | Goldman |
9/15/2022 | $40.00 → $29.00 | Buy → Hold | Jefferies |
4 - KOHLS Corp (0000885639) (Issuer)
4 - KOHLS Corp (0000885639) (Issuer)
4 - KOHLS Corp (0000885639) (Issuer)
4 - KOHLS Corp (0000885639) (Issuer)
4 - KOHLS Corp (0000885639) (Issuer)
4 - KOHLS Corp (0000885639) (Issuer)
4 - KOHLS Corp (0000885639) (Issuer)
4 - KOHLS Corp (0000885639) (Issuer)
4 - KOHLS Corp (0000885639) (Issuer)
4 - KOHLS Corp (0000885639) (Issuer)
10-Q - KOHLS Corp (0000885639) (Filer)
8-K - KOHLS Corp (0000885639) (Filer)
8-K - KOHLS Corp (0000885639) (Filer)
SD - KOHLS Corp (0000885639) (Filer)
8-K - KOHLS Corp (0000885639) (Filer)
S-8 - KOHLS Corp (0000885639) (Filer)
DEF 14A - KOHLS Corp (0000885639) (Filer)
DEFA14A - KOHLS Corp (0000885639) (Filer)
8-K - KOHLS Corp (0000885639) (Filer)
ARS - KOHLS Corp (0000885639) (Filer)
Telsey Advisory Group reiterated coverage of Kohl's with a rating of Market Perform and set a new price target of $23.00 from $28.00 previously
Telsey Advisory Group reiterated coverage of Kohl's with a rating of Market Perform and set a new price target of $28.00 from $25.00 previously
Telsey Advisory Group reiterated coverage of Kohl's with a rating of Market Perform and set a new price target of $25.00 from $29.00 previously
Evercore ISI initiated coverage of Kohl's with a rating of In-line and set a new price target of $24.00
Telsey Advisory Group reiterated coverage of Kohl's with a rating of Market Perform and set a new price target of $29.00 from $24.00 previously
TD Cowen upgraded Kohl's from Market Perform to Outperform and set a new price target of $30.00 from $23.00 previously
Goldman initiated coverage of Kohl's with a rating of Sell and set a new price target of $27.00
Jefferies downgraded Kohl's from Buy to Hold and set a new price target of $29.00 from $40.00 previously
Cowen downgraded Kohl's from Outperform to Market Perform and set a new price target of $35.00 from $60.00 previously
Gordon Haskett downgraded Kohl's from Accumulate to Hold and set a new price target of $30.00
Kohl's Corporation (NYSE:KSS) today reported results for the first quarter ended May 4, 2024. Net sales decreased 5.3% and comparable sales decreased 4.4% Regular price sales increased 2.4% with clearance impacting overall comp by more than 600 basis points Gross margin increased 48 basis points Diluted loss per share of $0.24 Inventory declined 13% Updates full year 2024 financial outlook Committed to returning capital to shareholders through the dividend and further strengthening balance sheet through long-term debt reduction in 2024 Tom Kingsbury, Kohl's chief executive officer, said, "Our first quarter results did not meet our expectations and are not reflective
Kohl's Corporation (NYSE:KSS) today reported results for the quarter and year ended February 3, 2024. Fourth quarter net sales decreased 1.1% and comparable sales decreased 4.3%; fiscal year 2023 net sales decreased 3.4% and comparable sales decreased 4.7% Fourth quarter diluted earnings per share ("EPS") of $1.67 and fiscal year 2023 diluted EPS of $2.85 Operating cash flow of $789 million in fourth quarter and $1.2 billion for fiscal year 2023 Committed to further strengthening balance sheet and returning capital to shareholders through the dividend Introduces fiscal year 2024 financial outlook Tom Kingsbury, Kohl's chief executive officer, said "2023 represented an impo
Kohl's Corporation (NYSE:KSS) today reported results for the third quarter ended October 28, 2023. Net sales decreased 5.2% and comparable sales decreased 5.5% Diluted earnings per share of $0.53 Inventory declined 13% Updates full year 2023 diluted earnings per share guidance to $2.30 to $2.70 Remains committed to strengthening balance sheet and to maintaining current dividend Tom Kingsbury, Kohl's chief executive officer, said "Kohl's third quarter earnings reflect strong gross margin and expense management as well as additional progress against our strategic priorities. I am pleased with our store performance driven by strong growth in Sephora and the newness in our hom
Kohl's Corporation (NYSE:KSS) today reported results for the second quarter ended July 29, 2023. Net sales decreased 4.8% and comparable sales decreased 5.0% Diluted earnings per share of $0.52 Inventory declined 14% Reaffirms full year 2023 financial outlook Remains committed to strengthening balance sheet and to maintaining current dividend Tom Kingsbury, Kohl's chief executive officer, said, "Our second quarter earnings were in line with our expectations. We maintained strong sales momentum in Sephora at Kohl's, reduced inventory by 14%, and managed expenses tightly. Further, solid cash flow generation allowed us to reduce our borrowings in the period." "Many of our s
The Board of Directors of Kohl's Corporation (NYSE:KSS) today declared a regular quarterly dividend of $0.50 per share on the Company's common stock. The dividend is payable September 20, 2023, to shareholders of record at the close of business on September 6, 2023. About Kohl's Kohl's (NYSE:KSS) is a leading omnichannel retailer. With more than 1,100 stores in 49 states and the online convenience of Kohls.com and the Kohl's App, Kohl's offers amazing national and exclusive brands at incredible savings for families nationwide. Kohl's is committed to progress in its diversity and inclusion pledges, and the company's environmental, social, and corporate governance (ESG) stewardship. For a
Kohl's Corporation (NYSE:KSS) today reported results for the first quarter ended April 29, 2023. Net sales decreased 3.3% and comparable sales decreased 4.3% Gross margin increased 67 basis points Diluted earnings per share of $0.13 Inventory declined 6% Affirms full year 2023 financial outlook Remains committed to strengthening balance sheet and to maintaining current dividend Tom Kingsbury, Kohl's chief executive officer, said "Our first quarter results were in line with our expectations and represented a first step as we work to drive sales and earnings performance over the long-term. We delivered margin expansion, as well as a 6% reduction in inventory. In addition,
The Board of Directors of Kohl's Corporation (NYSE:KSS) today declared a regular quarterly dividend of $0.50 per share on the Company's common stock. The dividend is payable June 21, 2023, to shareholders of record at the close of business on June 7, 2023. About Kohl's Kohl's (NYSE:KSS) is a leading omnichannel retailer. With more than 1,100 stores in 49 states and the online convenience of Kohls.com and the Kohl's App, Kohl's offers amazing national and private brands at incredible savings for families nationwide. Kohl's is committed to progress in its diversity, equity and inclusion strategy, and the company's environmental, social and corporate governance (ESG) stewardship. For a lis
Fourth quarter net sales decrease 7.2% and comparable sales decrease 6.6% Fourth quarter diluted loss per share of ($2.49) Introduces full year 2023 financial outlook Committed to strengthening balance sheet, while continuing to return capital to shareholders through the dividend in 2023 Kohl's Corporation (NYSE:KSS) today reported results for the quarter and year ended January 28, 2023. Tom Kingsbury, Kohl's chief executive officer, stated, "Kohl's fourth quarter results reflect meaningful proactive measures we took to better position the business for 2023, as well as sales pressure driven by the ongoing persistent inflationary environment. Kohl's has a solid foundation and a hig
On February 21, 2023, the Board of Directors of Kohl's Corporation (NYSE:KSS) declared a regular quarterly dividend of $0.50 per share on the Company's common stock. The dividend is payable March 29, 2023, to shareholders of record at the close of business on March 15, 2023. About Kohl's Kohl's (NYSE:KSS) is a leading omnichannel retailer. With more than 1,100 stores in 49 states and the online convenience of Kohls.com and the Kohl's App, Kohl's offers amazing national and exclusive brands at incredible savings for families nationwide. Kohl's is uniquely positioned to deliver against its strategy and its vision to be the most trusted retailer of choice for the active and casual lifestyle.
Third quarter comparable sales decrease 6.9% and net sales decrease 7.2% Third quarter diluted earnings per share of $0.82 Kohl's Board has formed search committee to oversee the search for a new CEO while Tom Kingsbury has agreed to serve as Interim CEO during the transition period Kohl's Corporation (NYSE:KSS) today reported results for the quarter ended October 29, 2022. Three Months Nine Months ($ in millions, except per share data) October 29, 2022 October 30, 2021 Change October 29, 2022 October 30, 2021 Change Total revenue $ 4,277 $ 4,600 (7.0 %) $ 12,079 $ 12,934 (6.
Kohl's Corporation (NYSE:KSS) today reported results for the first quarter ended May 4, 2024. Net sales decreased 5.3% and comparable sales decreased 4.4% Regular price sales increased 2.4% with clearance impacting overall comp by more than 600 basis points Gross margin increased 48 basis points Diluted loss per share of $0.24 Inventory declined 13% Updates full year 2024 financial outlook Committed to returning capital to shareholders through the dividend and further strengthening balance sheet through long-term debt reduction in 2024 Tom Kingsbury, Kohl's chief executive officer, said, "Our first quarter results did not meet our expectations and are not reflective
The Board of Directors of Kohl's Corporation (NYSE:KSS) today declared a regular quarterly dividend of $0.50 per share on the Company's common stock. The dividend is payable June 26, 2024, to shareholders of record at the close of business on June 12, 2024. About Kohl's Kohl's (NYSE:KSS) is a leading omnichannel retailer built on a foundation that combines great brands, incredible value and convenience for our customers. Kohl's serves millions of families in our more than 1,100 stores in 49 states, online at Kohls.com, and through our Kohl's App. For a list of store locations or to shop online, visit Kohls.com. For more information about Kohl's impact in the community or how to join our
Kohl's Corporation (NYSE:KSS) ("Kohl's" or the "Company") today held its annual shareholders meeting. Following are the preliminary results for the five proposals voted upon by shareholders: Kohl's shareholders elected Wendy Arlin, Michael J. Bender, Yael Cosset, Christine Day, H. Charles Floyd, Thomas A. Kingsbury, Robbin Mitchell, Jonas Prising, John E. Schlifske, Adrianne Shapira, and Adolfo Villagomez to the board of directors for one-year terms, with an average vote in favor of more than 96 percent of the votes cast; The advisory vote to approve the compensation of Kohl's named executive officers received more than 92 percent of the votes cast; The proposal to ratify the appoi
NOTE TO EDITORS: The Following is an Investment Opinion Issued by Spruce Point Capital Management Provides Evidence That Boot Barn's CEO Has Modified His Educational Degree Claim and Fails to Disclose His Role at Gerald Stevens, Inc. a Bankrupt Specialty Retailer That Pursued a Similar National Expansion Strategy Provides Evidence That Boot Barn's Omnichannel Marketing, Ecommerce and Customer Growth is Slowing While it Pursues an Aggressive Large Store Retail Expansion with Declining New Store Unit Economics Questions if Management Has Misportrayed its New Store Appearances with Evidence That Multiple New Stores Appear Nothing Like Images Presented to Investors Provides Research to
Partnership supports the expansion of youth programming, trauma-informed training, and the creation of a new mental health support group in the Milwaukee area over the next two years Kohl's (NYSE:KSS) announced today a $200,000 commitment to the National Alliance on Mental Illness (NAMI) Southeast Wisconsin over two years in support of reducing stigmas around mental health and providing more resources for youth and BIPOC communities in the Milwaukee area. Kohl's renewed support, which comes on the first day of Mental Health Awareness Month, aims to increase access to the crucial mental health services that NAMI Southeast Wisconsin provides to local families, and builds on the company's co
Partnership will continue to provide well-being resources for families and encourage engagement between schools and their communities Kohl's (NYSE:KSS) announced today a $5 million commitment over three years to the Alliance for a Healthier Generation (Healthier Generation), renewing the company's support of its national nonprofit partner and further funding the Kohl's Healthy at Home initiative. Launched in 2019, the program emphasizes health equity and works in partnership with schools and community partners to provide physical and mental well-being resources designed to help families across the country live healthier lives. This press release features multimedia. View the full release
Kohl's expands home assortment by 40% to offer newness in select categories, such as wall art, botanicals, lighting, pet, storage, ceramics, seasonal decor, and more New home launch builds on Kohl's strategy to become a destination for home goods, sees strong initial customer response to new assortment Today, Kohl's (NYSE:KSS) unveils its new approach to home – a strategy designed to deliver customers a fresh and expanded selection of stylish home and seasonal decor, all at affordable prices. The significantly expanded assortment, available now both in-store and online, offers customers an inspiring and discover-worthy curation of home and seasonal products in new categories and styl
Jeffrey N. Boyer Named Interim CEO and Director Kevin Mansell Becomes Chairman of the Board of Directors RICHARDSON, Texas, March 13, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (("Fossil" or "the Company", NASDAQ:FOSL) today announced that Kosta N. Kartsotis is stepping down from his position as Chief Executive Officer and a member of the Board of Directors (the "Board"), effective immediately. To ensure a seamless transition, Kartsotis will remain with the Company in a transitional role until September 2024 and, thereafter, will provide consulting services to the Company until September 2025. Jeffrey N. Boyer, the Company's Executive Vice President and Chief Operating Officer since Ap
Kohl's will offer customers a wide array of products from top brands under the Babies"R"Us banner Partnership will help Kohl's reach more new customers, including younger families Kohl's (NYSE:KSS) today announced a new partnership with WHP Global, the owner of the Babies"R"Us® brand, to bring baby gear, furniture, activity, and more to millions of growing families across the country, broadening the retailer's reach with younger customers. The first Babies"R"Us shops will open in Kohl's this August, with plans to roll out to approximately 200 stores in fall 2024. Customers will also be able to shop an expanded assortment of baby products on Kohls.com and take advantage of the Babies"
Kohl's Corporation (NYSE:KSS) today reported results for the quarter and year ended February 3, 2024. Fourth quarter net sales decreased 1.1% and comparable sales decreased 4.3%; fiscal year 2023 net sales decreased 3.4% and comparable sales decreased 4.7% Fourth quarter diluted earnings per share ("EPS") of $1.67 and fiscal year 2023 diluted EPS of $2.85 Operating cash flow of $789 million in fourth quarter and $1.2 billion for fiscal year 2023 Committed to further strengthening balance sheet and returning capital to shareholders through the dividend Introduces fiscal year 2024 financial outlook Tom Kingsbury, Kohl's chief executive officer, said "2023 represented an impo
SC 13G - KOHLS Corp (0000885639) (Subject)
SC 13G/A - KOHLS Corp (0000885639) (Subject)
SC 13G - KOHLS Corp (0000885639) (Subject)
SC 13G - KOHLS Corp (0000885639) (Subject)
SC 13G - KOHLS Corp (0000885639) (Subject)
SC 13G - KOHLS Corp (0000885639) (Subject)
SC 13G/A - KOHLS Corp (0000885639) (Subject)
SC 13G/A - KOHLS Corp (0000885639) (Subject)
SC 13G/A - KOHLS Corp (0000885639) (Subject)
SC 13G - KOHLS Corp (0000885639) (Subject)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the consumer discretionary sector. Kohl’s Corporation (NYSE:KSS) Dividend Yield: 8.75% JP Morgan analyst Matthew Boss maintained a Neutral rating and cu
U.S. stocks were mixed, with the Dow Jones index gaining around 150 points on Thursday. Shares of KB Home (NYSE:KBH) rose during Thursday's session as the company posted better-than-expected earnings and sales results for its second quarter on Tuesday. KB Home reported quarterly earnings of $2.15 per share, which beat the analyst consensus estimate of $1.78. Quarterly sales came in at $1.71 billion, which beat the analyst consensus estimate of $1.651 billion, according to data from Benzinga Pro. KB Home shares gained 4.2% to $70.91 on Thursday. Here are some other big stocks recording gains in today’s session. Ocular Therapeutix, Inc. (NASDAQ:OCUL) shares climbed 16% to $6.36
South Korea extended its short-selling ban on Thursday in an attempt to crack down on illegal “naked shorting” practices. What Happened: South Korea announced it would extend its ban on short selling to the first quarter of 2025, per Fortune. “The ban on short selling will be extended until March 30, 2025, to establish an electronic system to prevent naked short-selling and relieve concerns about such practices hindering fair pricing in the securities market,” the Financial Services Commission (FSC) said. The decision came after prominent firms, including HSBC Holdings PLC (NYSE:HSBC) and BNP Paribas ADR (OTCQX:BNPQY), were fined by South Korea in a crackdown on naked short selling.
Wisconsin-based retailer Kohls Corp (NYSE:KSS) recently said it would not sponsor the Milwaukee-hosted Republican National Convention, July 15-18. Other companies will still sponsor the event; the convention comes just days after former President Donald Trump‘s New York trial sentencing. Kohl’s Backs Out: CNBC reported on Thursday that Kohl’s would not sponsor the event. "Kohl's is not a political organization nor donor and is not sponsoring nor engaging in any specific RNC events," a spokeswoman told CNBC. "We support the business community through the Metropolitan Milwaukee Association of Commerce.” The Metropolitan Milwaukee Association of Commerce (MMAC) disperses some funds to
TD Cowen analyst Oliver Chen maintains Kohl's (NYSE:KSS) with a Buy and lowers the price target from $31 to $25.
JP Morgan analyst Matthew Boss maintains Kohl's (NYSE:KSS) with a Neutral and lowers the price target from $25 to $20.
Evercore ISI Group analyst Michael Binetti maintains Kohl's (NYSE:KSS) with a In-Line and lowers the price target from $24 to $22.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Keybanc slashed the price target for Asana, Inc. (NYSE:ASAN) from $14 to $13. Keybanc analyst Jason Ader maintained an Underweight rating. Asana shares fell 4.9% to close at $13.13 on Thursday. See how other analysts view this stock. Needham cut the price target for MongoDB, Inc. (NASDAQ:MDB) from $465 to $290. Needham analyst Mike Cikos maintained a Buy rating. MongoDB shares dipped 7.2% to close at $310.00 on Thursday. See how other analysts view this stock. B of A Securities lowered Veeva Sys
Telsey Advisory Group analyst Dana Telsey maintains Kohl's (NYSE:KSS) with a Market Perform and lowers the price target from $28 to $23.
The Board of Directors of Kohl's Corporation (NYSE:KSS) today declared a regular quarterly dividend of $0.50 per share on the Company's common stock. The dividend is payable June 26, 2024, to shareholders of record at the close of business on June 12, 2024. About Kohl's Kohl's (NYSE:KSS) is a leading omnichannel retailer built on a foundation that combines great brands, incredible value and convenience for our customers. Kohl's serves millions of families in our more than 1,100 stores in 49 states, online at Kohls.com, and through our Kohl's App. For a list of store locations or to shop online, visit Kohls.com. For more information about Kohl's impact in the community or how to join our
Kohl's Corporation (NYSE:KSS) ("Kohl's" or the "Company") today held its annual shareholders meeting. Following are the preliminary results for the five proposals voted upon by shareholders: Kohl's shareholders elected Wendy Arlin, Michael J. Bender, Yael Cosset, Christine Day, H. Charles Floyd, Thomas A. Kingsbury, Robbin Mitchell, Jonas Prising, John E. Schlifske, Adrianne Shapira, and Adolfo Villagomez to the board of directors for one-year terms, with an average vote in favor of more than 96 percent of the votes cast; The advisory vote to approve the compensation of Kohl's named executive officers received more than 92 percent of the votes cast; The proposal to ratify the appoi
NOTE TO EDITORS: The Following is an Investment Opinion Issued by Spruce Point Capital Management Provides Evidence That Boot Barn's CEO Has Modified His Educational Degree Claim and Fails to Disclose His Role at Gerald Stevens, Inc. a Bankrupt Specialty Retailer That Pursued a Similar National Expansion Strategy Provides Evidence That Boot Barn's Omnichannel Marketing, Ecommerce and Customer Growth is Slowing While it Pursues an Aggressive Large Store Retail Expansion with Declining New Store Unit Economics Questions if Management Has Misportrayed its New Store Appearances with Evidence That Multiple New Stores Appear Nothing Like Images Presented to Investors Provides Research to
Partnership supports the expansion of youth programming, trauma-informed training, and the creation of a new mental health support group in the Milwaukee area over the next two years Kohl's (NYSE:KSS) announced today a $200,000 commitment to the National Alliance on Mental Illness (NAMI) Southeast Wisconsin over two years in support of reducing stigmas around mental health and providing more resources for youth and BIPOC communities in the Milwaukee area. Kohl's renewed support, which comes on the first day of Mental Health Awareness Month, aims to increase access to the crucial mental health services that NAMI Southeast Wisconsin provides to local families, and builds on the company's co
Partnership will continue to provide well-being resources for families and encourage engagement between schools and their communities Kohl's (NYSE:KSS) announced today a $5 million commitment over three years to the Alliance for a Healthier Generation (Healthier Generation), renewing the company's support of its national nonprofit partner and further funding the Kohl's Healthy at Home initiative. Launched in 2019, the program emphasizes health equity and works in partnership with schools and community partners to provide physical and mental well-being resources designed to help families across the country live healthier lives. This press release features multimedia. View the full release
Kohl's expands home assortment by 40% to offer newness in select categories, such as wall art, botanicals, lighting, pet, storage, ceramics, seasonal decor, and more New home launch builds on Kohl's strategy to become a destination for home goods, sees strong initial customer response to new assortment Today, Kohl's (NYSE:KSS) unveils its new approach to home – a strategy designed to deliver customers a fresh and expanded selection of stylish home and seasonal decor, all at affordable prices. The significantly expanded assortment, available now both in-store and online, offers customers an inspiring and discover-worthy curation of home and seasonal products in new categories and styl
Kohl's will offer customers a wide array of products from top brands under the Babies"R"Us banner Partnership will help Kohl's reach more new customers, including younger families Kohl's (NYSE:KSS) today announced a new partnership with WHP Global, the owner of the Babies"R"Us® brand, to bring baby gear, furniture, activity, and more to millions of growing families across the country, broadening the retailer's reach with younger customers. The first Babies"R"Us shops will open in Kohl's this August, with plans to roll out to approximately 200 stores in fall 2024. Customers will also be able to shop an expanded assortment of baby products on Kohls.com and take advantage of the Babies"
Kohl's is one of only two honorees in the retail industry to receive the 2024 World's Most Ethical Companies® recognition Annual recognition highlights organizations that have demonstrated a commitment to business integrity through robust ethics, compliance, and governance programs For the sixth consecutive year, Kohl's (NYSE:KSS) has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2024 World's Most Ethical Companies®. Kohl's is one of only two honorees in the retail industry, with 136 honorees recognized this year, spanning 20 countries and 44 industries. Since 2007, the Ethisphere Institute has ho
The Board of Directors of Kohl's Corporation (NYSE:KSS) today declared a regular quarterly dividend of $0.50 per share on the Company's common stock. The dividend is payable April 3, 2024, to shareholders of record at the close of business on March 20, 2024. About Kohl's Kohl's (NYSE:KSS) is a leading omnichannel retailer built on a foundation that combines great brands, incredible value and convenience for our customers. Kohl's serves millions of families in our more than 1,100 stores in 49 states, online at Kohls.com, and through our Kohl's App. For a list of store locations or to shop online, visit Kohls.com. For more information about Kohl's impact in the community or how to join ou
Kohl's (NYSE:KSS) announced today a $1.5 million commitment to Hunger Task Force over two years, continuing one of the company's longest hometown partnerships. As a leading anti-hunger organization in Wisconsin, Hunger Task Force provides food to a network of more than 60 partner food pantries, soup kitchens and homeless shelters across Milwaukee. Kohl's funding will support the purchase and distribution of healthy foods – in compliance with the USDA's MyPlate Plan – at Hunger Task Force's partner network across the greater Milwaukee area, in addition to providing kids with healthy options through the Summer Meals program. "We are proud to partner with Hunger Task Force to continue provid
MENOMONEE FALLS, Wis.--(BUSINESS WIRE)--Kohl’s (NYSE: KSS) announced today it will partner with Eddie Bauer to bring premium-quality performance outerwear and outdoor apparel for the entire family to Kohl’s customers nationwide in Fall 2021. Kohl’s will offer a wide array of apparel from the outdoor brand across women’s, men’s and kids – from a core assortment of year-round products to seasonal selections – in as many as 500 stores. In addition, Kohls.com will offer an expanded assortment of Eddie Bauer favorites including down jackets and parkas, performance bottoms, fleece, flannel, sleepwear, and more – providing families with everything they need for their outdoor adventures.
“We are excited to partner with Eddie Bauer, a brand synonymous with outfitting families for any activity or adventure, to bring their assortment of award-winning, high-quality activewear and outerwear to millions of Kohl’s customers,” said Doug Howe, Kohl’s chief merchandising officer. “Eddie Bauer’s rich heritage of designing authentic, functional apparel that inspires everyone to get outdoors combined with their passion for delivering differentiated, innovative products that meet the needs of today’s consumer has made the brand a leader in the outdoor industry. The addition of the Eddie Bauer brand into our portfolio acutely aligns with our ambition to grow our active and outdoor business, and attract new and younger customers to Kohl’s.”
Beginning in Fall 2021, Kohl’s customers will be able to shop Eddie Bauer’s quality performance apparel designed with function, fabric and features in mind, such as moisture-wicking, packable, anti-pill, and UPF-rated items. Kohl’s will offer a deep, size-inclusive assortment of Eddie Bauer merchandise for the whole family on Kohls.com, in addition to a rotating assortment of seasonally relevant offerings in as many as 500 stores, beginning with outerwear, fleece and flannel this fall.
“For more than 100 years, Eddie Bauer has been inspiring and empowering people to live their adventure, whatever that may be. Through quality apparel and gear that is built to last, and together with Kohl’s, we will expand our reach, increase accessibility and bring the benefits of the outdoors to more communities,” said Damien Huang, President of Eddie Bauer. “Kohl’s is a trusted resource for active, casual and wellness products for the family and a known destination for quality brands at an incredible value.”
The addition of Eddie Bauer bolsters Kohl’s strategic goal to drive the Active category from 20 percent to at least 30 percent of its business, which includes driving growth in the outdoor category. Kohl’s customer insights indicate that shoppers continue to look to Kohl’s for their active and outdoor needs. Eddie Bauer joins Kohl’s unmatched portfolio of active brands including Nike, Under Armour, adidas, Champion, and Columbia, as well its growing assortment of new national brands including Lands’ End, TOMS and Cole Haan. Kohl’s will also launch a new private label, specialty athleisure brand FLX this March.
Cautionary Statement Regarding Forward-Looking Information
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. The Company intends forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” “anticipates,” “plans,” or similar expressions to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, which could cause the Company's actual results to differ materially from those anticipated by the forward-looking statements. These risks and uncertainties include, but are not limited to, risks described more fully in Item 1A in the Company's Annual Report on Form 10-K, and in Item 1A of Part II in the Company's Quarterly Report on Form 10-Q for the quarter ended May 2, 2020, which are expressly incorporated herein by reference, and other factors as may periodically be described in the Company's filings with the SEC. Forward-looking statements relate to the date initially made, and Kohl’s undertakes no obligation to update them.
About Kohl’s
Kohl’s (NYSE: KSS) is a leading omnichannel retailer. With more than 1,100 stores in 49 states and the online convenience of Kohls.com and the Kohl's App, Kohl's offers amazing national and exclusive brands at incredible savings for families nationwide. Kohl’s is uniquely positioned to deliver against its strategy and its vision to be the most trusted retailer of choice for the active and casual lifestyle. Kohl’s is committed to progress in its diversity and inclusion pledges, and the company's environmental, social and corporate governance (ESG) stewardship. For a list of store locations or to shop online, visit Kohls.com. For more information about Kohl’s impact in the community or how to join our winning team, visit Corporate.Kohls.com or follow @KohlsNews on Twitter.
KSS-IR