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Fly News Breaks for March 4, 2020
KSS
Mar 4, 2020 | 07:49 EDT
Baird analyst Mark Altschwager lowered the firm's price target on Kohl's to $48 from $52 and keeps an Outperform rating on the shares. The analyst noted Kohl's beat Q4 expectations and issued guidance which encapsulated consensus estimates. He said the company is taking a more aggressive strategy to stabilize the business and position itself for future growth. He does not expect the shares to reflect a brighter outlook until management demonstrates progress.
News For KSS From the Last 2 Days
KSS
Mar 3, 2021 | 16:48 EDT
Equity futures were marginally lower in early trading following yesterday's rally on Wall Street and the major averages closed out in the red, with the Nasdaq the worst performer. The sluggishness in... To see the rest of the story go to thefly.com. See Story Here
KSS
Mar 3, 2021 | 08:03 EST
Credit Suisse analyst Michael Binetti raised the firm's price target on Kohl's to $58 from $30 and keeps a Neutral rating on the shares. The analyst notes the company delivered a "solid" Q4 in a tough sales backdrop. Importantly, Kohl's detailed plans to reach 7%-8% EBIT margins by 2023.
KSS
Mar 2, 2021 | 12:25 EDT
Equity futures were marginally lower in early trading following yesterday's rally on Wall Street and the major averages remain in the red near noon, with the Nasdaq the worst performer. The sluggishness in... To see the rest of the story go to thefly.com. See Story Here
KSS
Mar 2, 2021 | 09:00 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly.  HIGHER - Kaixin... To see the rest of the story go to thefly.com. See Story Here
KSS
Mar 2, 2021 | 07:09 EST
Sees FY21 revenue up mid-teens percentage range, consensus $15.01B. The company currently expects full year 2021 net sales to increase in the mid-teens percentage range as compared to the prior year, operating margin to be in the range of 4.5% to 5.0%, and earnings per share to be in the range of $2.45 to $2.95, excluding any non-recurring charges. The company plans to resume its capital allocation strategy in 2021, including increasing capital expenditures, reinstating dividend, resuming share repurchase program, and employing liability management strategies. Sees FY21 capital expenditures $550M to $600M, including the launch of its Sephora partnership, the opening of its sixth e-commerce fulfillment center and store refresh activity.
KSS
Mar 1, 2021 | 13:49 EST
Notable companies reporting before tomorrow's open, with earnings consensus, include Target (TGT), consensus $2.54... AutoZone (AZO), consensus $12.84... Kohl's (KSS), consensus $1.01... Abercrombie & Fitch (ANF), consensus $1.21.