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The Latest Breaking News from KSS

Tributes paid to Alluri Sitarama Raju

HYDERABAD

The Hindu

Andhra Pradesh: It’s a privilege to attend anniversary celebrations, say Alluri’s family members

Cultural programmes depicting Indian tradition and culture steal the show

The Hindu

Why Kohl's Stock Is Sinking Today

Kohl's Corp (NYSE: KSS) shares are trading sharply lower Friday after the company announced it's terminating talks with Franchise Group over a potential sale.

Benzinga

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Why Kohl's Shares Are Plunging Today

Kohl's Corp (NYSE:KSS) has called off discussions to sell its business to Franchise Group Inc (NASDAQ:FRG), CNBC reported. The decision comes at a time when there is increased volatility in the stock market and the economy as the Federal Reserve seeks to hike interest rates to contain inflation. Related: Multiple Bidders, Key Executives Departure, Mixed…

Benzinga

Andhra Pradesh: Celebrating the freedom struggle of ‘Manyam Veerudu’

Over 100 statues of Alluri Sitharama Raju lying in a state of neglect being redone and readied for the 125th birth anniversary celebrations

The Hindu

Jones Soda Launching Mary Jones Cannabis-Infused Beverages In California With Kiva Sales And Service

Jones Soda Co. (OTCQB: JSDA) (CSE:JSDA) entered into exclusive partnership with Kiva Sales and Service (KSS) to launch its new line of cannabis-infused beverages, Mary Jones, into the California market.

Benzinga

Nikola Jokic playing with Serbia this summer

Back-to-back NBA MVP, Nikola Jokic will play for the Serbia national team this offseason, as soon as he can, the Basketball Federation of Serbia, KSS, announced Wednesday. "For sure, the NBA players have a maximum amount of days they can spend with ...

USA Today Sports Media Group

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Analysis: Kohl's Downhill Road To Seeking A Buyer

The news from earlier this week that Kohl’s Corp. (NYSE: KSS) was in advanced talks to be acquired by Franchise Group Inc. (NASDAQ: FRG) marked the beginning of the end for a financially troubled

Benzinga

Why Kohl's Stock Is Moving Higher Today

Kohl's Corp (NYSE: KSS) shares are trading higher Tuesday after the company's board announced it has entered into exclusive negotiations with Franchise Group in relation to the Group's proposal to acquire Kohl's for $60 per share.

Benzinga

Why Kohl's Shares Are Surging Today

Kohl's Corp (NYSE:KSS) Board of Directors has entered into exclusive negotiations with Franchise Group Inc (NASDAQ:FRG) over the potential sale. Franchise's bid of $60 per share constitutes a 42.5% premium to Kohl's closing price of $42.12 on June 6. Related: Sycamore, Franchise Group Submit Bids for Kohl's: WSJ The discussion will go on for three weeks to…

Benzinga

Sycamore, Franchise Group Submit Bids for Kohl's: WSJ

Kohl’s Corp (NYSE:KSS) has received takeover bids form from private-equity firm Sycamore Partners and retail holding company Franchise Group, Inc (NASDAQ:FRG), the Wall Street Journal reported. Sycamore proposed $50 a share, and Franchise Group offered $60 per share, the report noted, valuing the company between $7 billion - $8 billion. The bidders had previously said…

Benzinga

Kiva Sales And Service Secures Distribution Partnership With Pacific Stone

Pacific Stone, entered into an exclusive partnership with Kiva Sales and Service (KSS). KSS, the industry-leading sales and distribution platform offering dispensaries a complete suite of curated best in class brands, will distribute Pacific Stone products across The Golden State.

Benzinga

What's Going On With Kohl's Shares Today

Bidders seeking to acquire Kohl's Corp (NYSE:KSS) are likely to make offers lower than their initial ones to reflect the market downturn, Reuters reported. The potential purchasers, including private equity firm Sycamore Partners, brand holding firm Franchise Group, J.C. Penney investors Simon Property Group, Inc. (NYSE:SPG), and Brookfield Asset Management Inc (NYSE:BAM), intend to lower their offers…

Benzinga

3 Cheap Mid-Cap Stocks That Yield More Than 4%

As the inflationary environment and recession concerns could keep the overall stock market under pressure, it could be wise to bet on quality mid-cap stocks New Residential Investment (NRZ), International Game Technology (IGT), and Kohl's Corporation (KSS). These stocks yield more than 4% and are currently trading at discounts to…

StockNews.com

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Benzinga

Multiple Bidders, Key Executives Departure, Mixed Q1 Earnings - Lots Going On With Kohl's

Kohl's Corp (NYSE:KSS) reported a first-quarter FY22 sales decline of 4.4% year-on-year to $3.71 billion, beating the consensus of $3.68 billion. Gross margin for the quarter contracted by 69 basis points to 38.3%. The operating margin was 2.2%, and operating income for the quarter declined 70% Y/Y to $82 million. Selling, general and…

Benzinga

What 4 Analyst Ratings Have To Say About Kohl's

Analysts have provided the following ratings for Kohl's (NYSE:KSS) within the last quarter:

Benzinga

What's Going On With Kohl's Shares Today

Kohl's Corp (NYSE:KSS) shareholders have voted to re-elect all thirteen of the company's director nominees at the 2022 Annual Meeting of Shareholders. "We would like to thank our shareholders for their support throughout this proxy contest," said Peter Boneparth, Chairman of the Board. The preliminary result means that shareholders have voted down Macellum Advisors' director…

Benzinga

Analyst Ratings for Kohl's

Within the last quarter, Kohl's (NYSE:KSS) has observed the following analyst ratings:

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news in one place.

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Benzinga

Kohl's Receives $9B Buyout Offer From Franchise Group: Reuters

Kohl’s Corp (NYSE:KSS) has received a $9 billion buyout offer from Franchise Group Inc (NASDAQ:FRG), Reuters reported. The report specified that the franchise Group plans to pay $69 per share of Kohl’s. Kohl’s, under pressure from activist hedge funds regarding a sale, will now have more options with Franchise’s entry. The report also noted Hudson's Bay…

Benzinga

Kohl's Extends Credit Card Partnership With Capital One

Kohl's Corp (NYSE:KSS) and Capital One, a subsidiary of Capital One Financial Corp (NYSE:COF), have signed a multi-year extension of their credit card program agreement. The second contract extension will provide highly compelling products to Kohl's millions of customers. The two companies have also agreed to a co-branded card product piloted as early as 2023.…

Benzinga

Why Are Kohl's Shares Trading Higher Today

Hudson's Bay, the owner of American luxury department store chain Saks Fifth Avenue, is planning a bid for the department store chain Kohl's Corp (NYSE:KSS), Reuters reported. Related: Kohl's Dismisses Takeover Offers: What Investors Need To Know In another development, Engine Capital LP issued a letter to the board of Kohl's, urging the sale of the…

Benzinga

Analyst Ratings For Kohl's

Over the past 3 months, 5 analysts have published their opinion on Kohl's (NYSE:KSS) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

Kohl's Plans To Open New Smaller Format Stores, Grow Sephora Business

Kohl’s Corp (NYSE:KSS) provided a long-term financial target update, expecting low-single digits percent sales growth and mid-to-high single digits percent EPS growth. The company aims to grow the Sephora business to $2 billion through an expanded store rollout to 850 stores. The company also plans to acquire new customers with Amazon.Com Inc (NASDAQ:AMZN) Amazon…

Benzinga

Why Are Kohl's Shares Trading Higher Today

Kohl's Corp (NYSE:KSS) reported fourth-quarter FY21 sales growth of 5.8% year-on-year, to $6.499 billion, missing the consensus of $6.54 billion. Gross margin for the quarter expanded by 124 basis points to 33.2%. The operating margin was 6.9%, and operating income for the quarter rose 42.4% Y/Y to $450 million. Selling, general and administrative…

Benzinga

Kohl's: Q4 Earnings Insights

Kohl's (NYSE:KSS) reported its Q4 earnings results on Tuesday, March 1, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

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