Kohl's (KSS) Stock Surges 5% Amid Strong Retail Performance

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Oct 11, 2024
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Kohl's Corporation (KSS, Financial) experienced a significant stock movement with a 5% increase in its share price. The stock is currently trading at $19.73 per share, with a trading volume of 3.02189 million shares and a turnover rate of 2.72%. The stock's price fluctuation stands at 4.92%.

Recent financial reports show Kohl's achieved a revenue of $3.732 billion and a net profit of $66 million, resulting in an earnings per share (EPS) of $0.59 and a gross profit of $1.416 billion. The price-to-earnings (P/E) ratio is 7.74.

Analyst ratings reveal mixed sentiments, with 24% of the 17 participating institutions recommending a buy, 47% suggesting a hold, and 29% advising a sell.

Within the retail sector, Kohl's stock saw a 1.02% overall industry increase. Noteworthy stocks with significant gains in the same sector include The Container Store, Zooz Power Ltd., and Evgo Inc. Additionally, stocks showing high activity levels include Petco, Evgo Inc., and The Container Store, with turnover rates of 10.05%, 4.60%, and 3.55%, respectively. Stocks with notable price fluctuations include The Container Store with 42.58%, Petco with 18.68%, and Evgo Inc. with 18.26%.

Kohl's Corporation is a prominent retailer operating 1,166 department stores across 49 states, offering affordable private and national brand clothing, shoes, accessories, cosmetics, and home goods. The company has a significant digital sales presence, with women's apparel being the largest category, comprising 27% of 2021 sales. Kohl's opened its first store in 1962 and is headquartered in Menomonee Falls, Wisconsin.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.