|Bid||26.60 x 800|
|Ask||26.73 x 1200|
|Day's range||26.36 - 28.65|
|52-week range||10.89 - 59.28|
|Beta (5Y monthly)||0.95|
|PE ratio (TTM)||6.12|
|Earnings date||18 Aug 2020 - 24 Aug 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||17 Mar 2020|
|1y target est||20.22|
Don't expect safety measures will fall by the wayside at Target once life gets back to some form of normal after the COVID-19 pandemic. Here's what Target's chairman and CEO Brian Cornell told Yahoo Finance.
Target Chairman and CEO Brian Cornell weighs in on the state of the retailer amidst the coronavirus pandemic in a Yahoo Finance interview.
Ladies and gentlemen, thank you for standing by and welcome to the Q1 2020 Kohl's Corporation Earnings Conference Call. Certain statements made on this call, including projected financial results and the company's future initiatives are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Kohl's intends forward-looking terminology such as believes, expects, may, will, should, anticipates, plans, or similar expressions to identify forward-looking statements.
The S&P 500 was largely unchanged on Tuesday, after a strong rally in the prior session, as investors sifted through a mixed batch of results from major retailers including Walmart and Home Depot. Home improvement chain Home Depot fell 2.4% as it missed quarterly profit estimates due to higher costs, while department store operator Kohl's Corp slumped 7.8% after reporting a bigger-than-expected loss.
Several department store and apparel chain operators were trading lower on Tuesday morning after Kohl's (NYSE: KSS) reported a larger-than-expected loss for the quarter that ended on May 2. Gap (NYSE: GPS) was down 4.5%. Kohl's was down 9.4%.
Kohl's (KSS) first-quarter top line declines year over year in the wake of coronavirus outbreak. Nonetheless, the company took every step to safeguard its financial position.
Kohl's (KSS) delivered earnings and revenue surprises of -78.77% and -7.34%, respectively, for the quarter ended April 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares in the department store chain, which shut stores across the United States due to lockdowns to halt the pandemic, fell about 8% after it reported a bigger-than-expected first-quarter loss. "Our financial performance, like many other retailers, will be materially impacted by COVID-19 in 2020," Chief Executive Officer Michelle Gass told a post-earnings call. Kohl's had been struggling in women's apparel even before the pandemic as consumers shifted to online shopping and fast-fashion brands.
The spotlight Tuesday will be on earnings from retail heavyweights Walmart, Home Depot and Kohl’s and Federal Reserve Chairman Jerome Powell’s testimony on Capitol Hill.
Yahoo Finance catches up with V.F. Corp CEO Steve Rendle to discuss how the owner of Timberland and Vans is navigating the chopping retail environment.