Kohl's (KSS) Stock Dips 5.09% Amid Retail Industry Activity

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Nov 08, 2024
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Kohl's Corporation (KSS, Financial) recently experienced a significant stock price decline of 5.09%, with shares trading at $17.43. The trading volume reached 5.374 million shares, resulting in a turnover rate of 4.83% and a price fluctuation of 4.87%.

In its latest financial report, Kohl's reported revenue of $3.732 billion, net income of $66 million, and earnings per share (EPS) of $0.59. The company also posted a gross profit of $1.416 billion, with a price-to-earnings (P/E) ratio of 6.85.

Analyst ratings reveal mixed sentiments: 25% of participating analysts recommend buying the stock, 44% suggest holding, and 31% advise selling. The retail sector, where Kohl's operates, saw an overall increase of 0.25%.

Other stocks in the sector showed varied performance. Barnes & Noble Education, Inc., Nuvve Holding Corp C/Wts, and Fitell Corporation registered notable gains. In terms of activity, stocks such as Evgo Inc., Kohl's (KSS, Financial), and Chargepoint Holdings, Inc. were active with turnover rates of 5.46%, 4.83%, and 3.47% respectively. Stocks like Barnes & Noble Education, Inc., Fitell Corporation, and Bark, Inc. showed significant price fluctuations, with amplitudes of 21.59%, 18.99%, and 12.16% respectively.

Kohl's, a major retail chain, operates 1,166 department stores across 49 states, offering affordable private and national brands in categories such as apparel, shoes, accessories, cosmetics, and home goods. The company, headquartered in Menomonee Falls, Wisconsin, also has a significant digital sales operation. Women's apparel is its largest category, contributing 27% of sales in 2021.

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.