Type
|
Public |
---|---|
Traded as | NYSE: KSS S&P 500 Component |
Industry | Retail |
Founded | September 12, 1962 (1962-09-12) Milwaukee, Wisconsin, U.S. |
Founder | Maxwell Kohl |
Headquarters | Menomonee Falls, Wisconsin, U.S. |
Number of locations
|
1,155 (Q3 2016) |
Key people
|
Kevin Mansell (Chairman, CEO) |
Products | Clothing, footwear, bedding, furniture, jewelry, beauty products, electronics, and housewares. |
Revenue |
|
Operating income
|
|
Net income
|
|
Total assets |
|
Total equity |
|
Number of employees
|
138,000 (2016) |
Website | www |
Kohl's is an American department store retailing chain. The first Kohl's store was a corner grocery store opened in Milwaukee, Wisconsin in 1927 by Maxwell Kohl. The company's first department store opened in September 1962. British American Tobacco Company took a controlling interest in the company in 1972, and in 1979, the Kohl family left the management of the company. A group of investors purchased the company in 1986 from British-American Tobacco and took it public in 1992.
The company is headquartered in the Milwaukee suburb of Menomonee Falls, Wisconsin, operating 1,162 stores in 49 states. Kohl's is America's largest department store chain by the number of stores as of February 2013—surpassing its biggest competitor, J. C. Penney in May 2012. In 1998, it entered the S&P 500 list, and is also listed in the Fortune 500 (#146 in 2012). The chain was the 20th-largest retailer in the United States in 2013 in terms of revenue. As of 2013, Kohl's was the second largest U.S. department store company by retail sales.
Maxwell Kohl, who had operated traditional grocery stores since 1927, built his first supermarket in 1946, the first in what would become a southeastern Wisconsin chain known as Kohl's Food Stores. In 1962, after building Kohl's Food Stores into the largest supermarket chain in the Milwaukee area, Kohl opened his first department store, Kohl's Department Store, in Brookfield, Wisconsin. He positioned Kohl's between the higher-end department stores and the discounters, selling everything from candy to engine oil to sporting equipment.
In 1972 the British-American Tobacco Company's U.S. retail division, BATUS Inc., bought a controlling interest in Kohl's Corporation, which at the time operated 50 grocery stores, six department stores, three drug stores and three liquor stores. The Kohl family, led by Allen and Herb Kohl, continued to manage the company. The family left the management in 1979, and Herbert Kohl became a United States Senator and owner of the Milwaukee Bucks. The firm then expanded Kohl's presence from 10 to 39 stores in Wisconsin, Illinois and Indiana. The grocery stores were sold to A&P in 1983, operating under the name Kohl's Food Store, and later Kohl's Food Emporium. In February 2003, A&P put the Kohl's Food Stores up for sale, as part of an effort to reduce debt. In 2003, A&P closed all Kohl's Food Stores locations.
A group of investors led by the senior management, purchased the company consisting of 40 department stores, in 1986. The company added 27 more stores over the next two years. In 1988, the chain acquired 26 locations from Chicago-based MainStreet, gaining several stores in Chicago's suburbs, Minneapolis-St. Paul, and parts of Michigan. Kohl's completed its initial public offering on May 19, 1992 and began trading on the New York Stock Exchange under the symbol KSS.
During the 2000s, Kohl's expanded nationwide to 49 states. Building from 76 stores in the Midwest in 1992, Kohl's expanded into California in 2003 with 28 new stores, the Pacific Northwest in 2006 with 10 new stores, and the Southeast with 43 new stores opening between 2005 and 2008.
To raise money to repurchase its stock and open new stores, Kohl's sold its credit card division in 2006 to J.P. Morgan Chase for $1.5 billion. In 2011, Kohl's replaced Chase with Capital One as their private credit card processing partner for an undisclosed sum.
In 2007, Kohl's began selling a diffusion line from designer Vera Wang called Simply Vera. Since then, it has also sold diffusion lines from other high-end designers including Narciso Rodriguez and Peter Som.
Newsweek magazine ranked Kohl's 18th out of 500 overall and first in its industry in its 2009 "Green Rankings", an examination of 500 of the largest corporations on their environmental track records. Newsweek remarked that Kohl's had the largest solar power program of any retailer globally, it pursues green building certification, and over 78 locations in six states have solar panels. In 2008, Kohl's started to sell reusable shopping bags.
In 2012, Kohl's was awarded 62.5 million dollars in tax credits the same year from the Wisconsin Economic Development Corporation. The retailer was to create 3,000 jobs with the funds, but only created 473. In the same year, Kohl's requested financing from Menomonee Falls, Wisconsin to finance the building of a new headquarters in the municipality. Kohl's received 2 million dollars, the first of five installments that would equal a total payout of 12 million dollars, and then backed out of the transaction.
In 2015, Kohl's opened a test store built around selling only returned, yet as new clothing, home goods, jewelry, and accessories. The store, called Off/Aisle by Kohl's, sells items at a marked down price. The stores have a restrictive return policy different from regular Kohl's stores.
In 2017, Lauren Conrad launched a line of affordable swimwear at Kohl's.
In early January 2017, Kohl's shares fell 19% in value, in what The Wall Street Journal said was "the stock's worst day on record."
Kohl's uses a "racetrack" aisle that circles the entire store, a technique borrowed from discount stores. In 2011, Kohl's announced plans to remodel 100 of its 1,100 locations. Changes included redone store sections, fitting rooms, and newer merchandise displays. In 2012, a consumer investigation by CBS News discovered that Kohl's had engaged in the practice of marking up products in the weeks before a sale in order to make products appear as if they were being sold at discounted prices and artificially inflating the amount of the price mark-down.
Kohl's private brands, which include Sonoma, Croft & Barrow, and Apt.9 generate nearly half of the firm's $19 billion in annual sales. Kohl's has plans to re-launch and reimagine the billion-dollar Sonoma brand for apparel and home goods.
In 2009, Kohl's hired New York City advertising agency DeVito/Verdi to strengthen the Kohl's brand via a series of national television and online/social media campaigns. One of the brand campaigns featured American professional athletes.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2023 | 2022-11-17 | 0.82 | 0.82 |
Q2 2023 | 2022-08-18 | 1.11 | 1.11 |
Q1 2023 | 2022-05-19 | 0.11 | 0.11 |
Q4 2022 | 2022-03-01 | 2.20 | 2.20 |
Q3 2022 | 2021-11-18 | 1.65 | 1.65 |
Q2 2022 | 2021-08-19 | 2.48 | 2.48 |
Q1 2022 | 2021-05-20 | 1.05 | 1.05 |
Q4 2021 | 2021-03-02 | 1.07 | 1.07 |
Q3 2021 | 2020-11-17 | 0.01 | 0.01 |
Q2 2021 | 2020-08-18 | -0.25 | -0.25 |
2016-06-28 | Reiterated Rating | Robert W. Baird | Outperform | |
2016-06-10 | Reiterated Rating | Argus | Hold | |
2016-05-20 | Reiterated Rating | Piper Jaffray | Overweight | $66.00 |
2016-05-20 | Reiterated Rating | Piper Jaffray Cos. | Overweight | $66.00 |
2016-05-16 | Reiterated Rating | Sterne Agee CRT | Neutral | |
2016-05-14 | Reiterated Rating | Cowen and Company | Market Perform | $47.00 to $40.00 |
2016-05-14 | Reiterated Rating | Morgan Stanley | Sell | |
2016-05-14 | Reiterated Rating | Telsey Advisory Group | Buy | |
2016-05-14 | Reiterated Rating | Citigroup Inc. | Hold | |
2016-05-14 | Reiterated Rating | MKM Partners | Hold | |
2016-05-13 | Lower Price Target | Citigroup Inc. | Neutral | $44.00 to $36.00 |
2016-05-13 | Lower Price Target | Stifel Nicolaus | Buy | $54.00 to $45.00 |
2016-05-13 | Lower Price Target | RBC Capital | Underperform | $42.00 to $37.00 |
2016-05-13 | Lower Price Target | Telsey Advisory Group | Outperform | $55.00 to $44.00 |
2016-05-13 | Lower Price Target | Royal Bank Of Canada | Underperform | $42.00 to $37.00 |
2016-05-12 | Reiterated Rating | Robert W. Baird | Buy | |
2016-05-10 | Reiterated Rating | Jefferies Group | Buy | |
2016-05-09 | Lower Price Target | MKM Partners | Neutral | $49.00 to $44.00 |
2016-05-03 | Initiated Coverage | RBC Capital | Sector Perform to Underperform | $42.00 |
2016-04-25 | Reiterated Rating | Deutsche Bank | Hold | $44.00 |
2016-04-25 | Reiterated Rating | Deutsche Bank AG | Hold | $44.00 |
2016-04-19 | Reiterated Rating | Stifel Nicolaus | Buy | $54.00 |
2016-04-01 | Reiterated Rating | Credit Suisse | Hold | $42.00 |
2016-04-01 | Reiterated Rating | Credit Suisse Group AG | Hold | $42.00 |
2016-03-31 | Initiated Coverage | Miller Tabak | Buy | $61.00 |
2016-03-11 | Reiterated Rating | Jefferies Group | Buy | $53.00 to $57.00 |
2016-02-29 | Lower Price Target | Deutsche Bank | Hold | $47.00 to $44.00 |
2016-02-27 | Reiterated Rating | Telsey Advisory Group | Buy | |
2016-02-26 | Boost Price Target | Telsey Advisory Group | Outperform | $49.00 to $54.00 |
2016-02-26 | Reiterated Rating | Cowen and Company | Market Perform | |
2016-02-20 | Reiterated Rating | Robert W. Baird | Overweight | $54.00 |
2016-02-06 | Reiterated Rating | Citigroup Inc. | Hold | |
2016-02-05 | Reiterated Rating | Nomura | Buy | $62.00 to $52.00 |
2016-02-05 | Lower Price Target | JPMorgan Chase & Co. | $50.00 to $45.00 | |
2016-02-05 | Lower Price Target | Goldman Sachs | $42.00 to $40.00 | |
2016-02-05 | Downgrade | Atlantic Securities | Neutral to Underweight | |
2016-02-05 | Reiterated Rating | Nomura Holdings Inc. | Buy | $62.00 to $52.00 |
2016-02-05 | Lower Price Target | Goldman Sachs Group Inc. | $42.00 to $40.00 | |
2016-02-04 | Lower Price Target | Sterne Agee CRT | Neutral | $49.00 to $42.00 |
2016-02-04 | Lower Price Target | Jefferies Group | Buy | $58.00 to $52.00 |
2016-02-04 | Reiterated Rating | Stifel Nicolaus | Buy | $54.00 |
2016-02-04 | Downgrade | MKM Partners | Buy to Neutral | $57.00 to $47.00 |
2016-02-02 | Upgrade | Buckingham Research | Neutral to Buy | $62.00 |
2016-02-01 | Lower Price Target | Deutsche Bank | Hold | $57.00 to $56.00 |
2016-01-19 | Lower Price Target | Robert W. Baird | $60.00 to $57.00 | |
2016-01-12 | Reiterated Rating | Stifel Nicolaus | Buy | $56.00 |
2016-01-06 | Reiterated Rating | Buckingham Research | Neutral | $48.00 to $52.00 |
2015-12-03 | Reiterated Rating | Evercore ISI | Hold | |
2015-11-12 | Boost Price Target | MKM Partners | $57.00 | |
2015-11-12 | Reiterated Rating | Stifel Nicolaus | Buy | $56.00 |
2015-11-11 | Lower Price Target | Jefferies Group | Buy | $61.00 to $57.00 |
2015-11-10 | Lower Price Target | MKM Partners | Buy | $69.00 to $56.00 |
2015-11-09 | Reiterated Rating | Deutsche Bank | Hold | $61.00 to $55.00 |
2015-10-30 | Reiterated Rating | Credit Suisse | Hold | |
2015-10-28 | Lower Price Target | Credit Suisse | Neutral | $64.00 to $42.00 |
2015-10-26 | Reiterated Rating | Nomura | Buy | $65.00 |
2015-10-21 | Lower Price Target | Jefferies Group | Buy | $69.00 to $61.00 |
2015-10-17 | Reiterated Rating | Telsey Advisory Group | Buy | |
2015-10-16 | Lower Price Target | Telsey Advisory Group | Outperform | $75.00 to $60.00 |
2015-10-07 | Initiated Coverage | Citigroup Inc. | Neutral | $50.00 |
2015-10-01 | Reiterated Rating | Morgan Stanley | Underweight | $53.00 to $45.00 |
2015-09-25 | Reiterated Rating | Piper Jaffray | Overweight | $73.00 |
2015-09-20 | Reiterated Rating | Stifel Nicolaus | Buy | $65.00 |
2015-09-10 | Reiterated Rating | Piper Jaffray | Buy | $73.00 |
2015-08-16 | Reiterated Rating | Telsey Advisory Group | Buy | |
2015-08-15 | Reiterated Rating | Deutsche Bank | Hold | $67.00 to $61.00 |
2015-08-14 | Lower Price Target | Jefferies Group | Buy | $72.00 to $69.00 |
2015-08-14 | Lower Price Target | BMO Capital Markets | Market Perform | $70.00 to $62.00 |
2015-08-14 | Lower Price Target | MKM Partners | Buy | $82.00 to $69.00 |
2015-08-14 | Lower Price Target | Telsey Advisory Group | Outperform | $80.00 to $75.00 |
2015-08-07 | Reiterated Rating | Jefferies Group | Buy | $82.00 to $72.00 |
2015-08-06 | Lower Price Target | Sterne Agee CRT | Neutral | $64.00 |
2015-06-19 | Reiterated Rating | Deutsche Bank | Hold | $67.00 |
2015-05-18 | Lower Price Target | BMO Capital Markets | Market Perform | $79.00 to $70.00 |
2015-05-17 | Reiterated Rating | Stifel Nicolaus | Buy | $85.00 to $80.00 |
2015-05-15 | Lower Price Target | MKM Partners | Buy | $87.00 to $82.00 |
2015-05-14 | Reiterated Rating | MKM Partners | Buy | $87.00 to $87.00 |
2015-05-14 | Reiterated Rating | Telsey Advisory Group | Outperform | $80.00 |
2015-05-14 | Downgrade | Sterne Agee CRT | Buy to Neutral | $85.00 |
2015-05-12 | Boost Price Target | Jefferies Group | Buy | $82.00 to $85.00 |
2015-04-07 | Boost Price Target | MKM Partners | Buy | $77.00 to $87.00 |
2015-02-27 | Upgrade | Telsey Advisory Group | Market Perform to Outperform | $68.00 to $80.00 |
2015-02-27 | Boost Price Target | Maxim Group | Buy | $68.00 to $77.00 |
2015-02-09 | Reiterated Rating | JPMorgan Chase & Co. | Hold | $55.00 to $65.00 |
2015-02-05 | Boost Price Target | Telsey Advisory Group | Market Perform | $65.00 to $68.00 |
2015-02-04 | Set Price Target | Stifel Nicolaus | Buy | $68.00 |
2015-02-04 | Boost Price Target | MKM Partners | Buy | $65.00 to $77.00 |
2015-02-03 | Boost Price Target | Jefferies Group | Buy | $71.00 to $76.00 |
2015-02-02 | Initiated Coverage | Evercore ISI | Hold | |
2015-01-30 | Boost Price Target | Deutsche Bank | Hold | $57.00 to $64.00 |
2015-01-07 | Boost Price Target | Jefferies Group | Buy | $65.00 to $68.00 |
2014-12-16 | Initiated Coverage | Cowen and Company | Market Perform | $64.00 |
2014-12-09 | Boost Price Target | JPMorgan Chase & Co. | Neutral | $50.00 to $55.00 |
2014-12-01 | Boost Price Target | Deutsche Bank | Hold | $52.00 to $57.00 |
2014-11-14 | Reiterated Rating | Jefferies Group | Buy | $66.00 to $65.00 |
2014-11-10 | Downgrade | Barclays | Equal Weight to Sell | $50.00 to $30.00 |
2014-11-10 | Downgrade | Barclays PLC | Equal Weight to Sell | $50.00 to $30.00 |
2014-10-28 | Lower Price Target | MKM Partners | Buy | $69.00 to $65.00 |
2014-10-28 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $55.00 to $50.00 |
2014-10-28 | Reiterated Rating | Deutsche Bank | Hold | $52.00 to $55.00 |
2014-10-28 | Reiterated Rating | Maxim Group | Buy | |
2014-09-18 | Upgrade | Citigroup Inc. | Neutral to Buy | $63.00 to $70.00 |
2014-09-17 | Boost Price Target | MKM Partners | Buy | $64.00 to $69.00 |
2014-09-03 | Upgrade | Maxim Group | Hold to Buy | $48.00 to $68.00 |
2014-08-22 | Boost Price Target | Stifel Nicolaus | Buy | $60.00 to $68.00 |
2014-08-21 | Upgrade | Gilford Securities | Neutral to Buy | |
2014-08-21 | Boost Price Target | JPMorgan Chase & Co. | $55.00 to $62.00 | |
2014-08-15 | Reiterated Rating | MKM Partners | Buy | $63.00 to $64.00 |
2014-08-15 | Reiterated Rating | Nomura | Buy | $62.00 to $65.00 |
2014-08-14 | Boost Price Target | Sterne Agee CRT | Buy | $61.00 to $62.00 |
2014-08-14 | Boost Price Target | Deutsche Bank | Hold | $52.00 to $56.00 |
2014-08-12 | Boost Price Target | Jefferies Group | Buy | $62.00 to $64.00 |
2014-05-16 | Lower Price Target | Jefferies Group | $65.00 to $62.00 | |
2014-05-15 | Lower Price Target | Sterne Agee CRT | $65.00 to $61.00 | |
2014-05-15 | Lower Price Target | Deutsche Bank | $54.00 to $52.00 | |
2014-02-27 | Boost Price Target | MKM Partners | Buy | $59.00 to $63.00 |
2014-02-27 | Upgrade | Sterne Agee CRT | Neutral to Buy | |
2014-02-19 | Initiated Coverage | Citigroup Inc. | Neutral | $55.00 |
2014-02-12 | Initiated Coverage | Nomura | Buy | $57.00 |
2014-02-06 | Reiterated Rating | Goldman Sachs | Sell | |
2014-01-16 | Boost Price Target | Deutsche Bank | Hold | $50.00 to $54.00 |
2013-12-05 | Upgrade | Bank of America | Neutral to Buy | $60.00 to $65.00 |
2013-11-15 | Lower Price Target | Sterne Agee CRT | Neutral | $54.00 to $51.00 |
2013-11-15 | Reiterated Rating | Goldman Sachs | Sell | |
2013-11-15 | Downgrade | BMO Capital Markets | Outperform to Market Perform | $66.00 to $55.00 |
2013-11-13 | Boost Price Target | Jefferies Group | Buy | $67.00 |
2013-11-04 | Upgrade | UBS | Neutral to Buy | $54 to $69 |
2013-11-04 | Boost Price Target | JPMorgan Chase & Co. | Neutral | $48.00 to $55.00 |
2013-10-22 | Upgrade | Deutsche Bank | Sell to Hold | $46.00 to $50.00 |
2013-10-01 | Boost Price Target | Barclays | Overweight | $57.00 to $60.00 |
2013-09-24 | Reiterated Rating | Jefferies Group | Buy | $63.00 |
2013-05-17 | Reiterated | MKM Partners | Buy | $54 to $61 |
2012-09-12 | Upgrade | Deutsche Bank | Hold to Buy | $49 to $62 |
2011-05-13 | Reiterated | FBR Capital | Mkt Perform | $58 to $55 |
2010-10-06 | Initiated | FBR Capital | Mkt Perform | |
2010-01-06 | Initiated | Sterne Agee | Buy | $65 |
2016-06-28 | Reiterated Rating | Robert W. Baird | Outperform | |
2016-06-10 | Reiterated Rating | Argus | Hold | |
2016-05-20 | Reiterated Rating | Piper Jaffray | Overweight | $66.00 |
2016-05-20 | Reiterated Rating | Piper Jaffray Cos. | Overweight | $66.00 |
2016-05-16 | Reiterated Rating | Sterne Agee CRT | Neutral |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In KSS 314 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
Vanguard Group, Inc | 12.60M |
BlackRock Inc. | 10.88M |
PRICE T ROWE ASSOCIATES INC /MD/ | 7.24M |
BlackRock Institutional Trust Company, N.A. | 5.89M |
STATE STREET CORP | 4.96M |
LSV ASSET MANAGEMENT | 4.24M |
DIMENSIONAL FUND ADVISORS LP | 3.83M |
FMR LLC | 3.45M |
BlackRock Fund Advisors | 3.36M |
JPMORGAN CHASE & CO | 2.95M |
Allianz Asset Management AG | 2.56M |
NOMURA HOLDINGS INC | 2.43M |
Ancora Advisors, LLC | 2.22M |
BlackRock Group LTD | 2.19M |
BANK OF AMERICA CORP /DE/ | 1.84M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
MANSELL KEVIN Chairman, President, CEO | 0.17% (351513) | KSS / |
Chawla Sona Chief Operating Officer | 0.13% (265382) | EXPR / KMX / KSS / WAG / |
Gass Michelle Chief Customer Officer | 0.12% (248519) | CI / KSS / SBUX / |
SCHEPP RICHARD D Sr. EVP HR Gen. Couns. Sec. | 0.10% (196442) | KSS / |
BRENNAN DONALD Chief Merchandising Officer | 0.08% (162549) | KSS / |
BESANKO BRUCE H Chief Financial Officer | 0.07% (138228) | KSS / SVU / |
BONNING KENNETH Sr. Executive Vice President | 0.05% (111325) | KSS / |
MCDONALD WESLEY S Sr. Exec. Vice President, CFO | 0.04% (90017) | KSS / |
ESKENASI PEGGY Sr. Executive Vice President | 0.04% (84334) | KSS / |
SICA FRANK V | 0.01% (23033) | CSGS / JBLU / KSS / NRF / |
BURD STEVEN A | 0.01% (19245) | HAWK / KSS / |
STREETER STEPHANIE A | 0.01% (17814) | GT / KSS / LBY / |
Humrichouse Ximena G | 0.01% (16868) | CMA / CNK / KSS / |
SCHLIFSKE JOHN E. | 0.01% (15815) | KSS / |
SOMMERHAUSER PETER M | 0.01% (14998) | KSS / |
BONEPARTH PETER | 0.01% (12800) | JBLU / KSS / |
PRISING JONAS | 0.01% (12642) | KSS / MAN / |
JONES DALE E | 0.01% (12336) | KSS / |
WATSON STEPHEN E | 0.01% (12213) | CHS / KSS / RGS / |