KSS

Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on Boot Barn Holdings, Inc. (NYSE: BOOT)

Retrieved on: 
Mittwoch, Mai 8, 2024

Based in Irvine, California, Boot Barn is a specialty retailer that sells western and work-related footwear, apparel and accessories in the U.S.

Key Points: 
  • Based in Irvine, California, Boot Barn is a specialty retailer that sells western and work-related footwear, apparel and accessories in the U.S.
  • As of year-end 2023, Boot Barn reported $1,704 million and $116 million of revenues and adjusted net income, respectively.
  • Spruce Point is equally concerned by the leadership chosen to support and oversee CEO Conroy.
  • Spruce Point has several concerns with Boot Barn’s new store economics, pictorial representations of stores and anomalous capital spending.

Centessa Pharmaceuticals Announces Open IND for ORX750; Proof-of-Concept Data in Sleep-Deprived Healthy Volunteers Planned for 2H 2024

Retrieved on: 
Montag, April 22, 2024

The Phase 1 study will evaluate the safety, tolerability and pharmacokinetics of single-ascending doses (SAD) and multiple-ascending doses (MAD) of ORX750 in healthy adult subjects.

Key Points: 
  • The Phase 1 study will evaluate the safety, tolerability and pharmacokinetics of single-ascending doses (SAD) and multiple-ascending doses (MAD) of ORX750 in healthy adult subjects.
  • The Company expects to commence dosing of the Phase 1 study in healthy volunteers imminently, and proof-of-concept data are anticipated in the second half of 2024.
  • “We are excited to begin executing what we believe is an elegant, adaptive Phase 1 study aimed at generating early proof-of-concept data for ORX750 in acutely sleep-deprived healthy volunteers in the second half of this year.
  • We expect this study to enable dose selection for planned studies evaluating ORX750 in patients with NT1 and in patient populations with normal orexin levels, including NT2 and IH.”

Kohl's Continues Mental Health Support with $200,000 Donation to the National Alliance on Mental Illness Southeast Wisconsin

Retrieved on: 
Mittwoch, Mai 1, 2024

Kohl’s (NYSE: KSS) announced today a $200,000 commitment to the National Alliance on Mental Illness (NAMI) Southeast Wisconsin over two years in support of reducing stigmas around mental health and providing more resources for youth and BIPOC communities in the Milwaukee area.

Key Points: 
  • Kohl’s (NYSE: KSS) announced today a $200,000 commitment to the National Alliance on Mental Illness (NAMI) Southeast Wisconsin over two years in support of reducing stigmas around mental health and providing more resources for youth and BIPOC communities in the Milwaukee area.
  • Kohl’s renewed support, which comes on the first day of Mental Health Awareness Month, aims to increase access to the crucial mental health services that NAMI Southeast Wisconsin provides to local families, and builds on the company’s continued commitment to mental health and well-being.
  • “Kohl's is proud to extend our partnership with NAMI Southeast Wisconsin to further the impactful mental health work they are doing to improve the lives of Milwaukee-area families,” said Christie Raymond, Kohl’s chief marketing officer.
  • Locally, Kohl’s also partners with Children’s Wisconsin to fund three new mental health walk-in clinics in Wisconsin and increase access to mental well-being resources.

Back to School: Gabriella Rowe Named CEO of Green Ivy International Schools

Retrieved on: 
Mittwoch, April 24, 2024

NEW YORK, April 24, 2024 /PRNewswire/ -- Green Ivy International Schools ("Green Ivy"), a growing network of language immersion preschools and elementary schools that empowers students to be global thinkers and life-long learners, along with its parent company KSS Immersion Schools ("KSS Immersion), announced today that Gabriella Rowe has been named its new Chief Executive Officer.

Key Points: 
  • Rowe brings education and leadership experience to advance the New York brand, accelerate growth across the United States
    NEW YORK, April 24, 2024 /PRNewswire/ -- Green Ivy International Schools ("Green Ivy"), a growing network of language immersion preschools and elementary schools that empowers students to be global thinkers and life-long learners, along with its parent company KSS Immersion Schools ("KSS Immersion), announced today that Gabriella Rowe has been named its new Chief Executive Officer.
  • Rowe, who spent the last several years enabling economic empowerment and educational access, is an experienced leader focused on growth and transformation.
  • I look forward to working closely with the incredible team at Green Ivy and KSS Immersion as we begin this next chapter of evolution and growth."
  • Rowe assumed leadership of Green Ivy, as well as parent company KSS Immersion, from Charles Miller, who will remain on the Board of Directors.

Kohl's Donates $5 Million to Alliance for a Healthier Generation to Improve Family Health & Wellness Nationwide

Retrieved on: 
Dienstag, April 9, 2024

Kohl’s (NYSE: KSS) announced today a $5 million commitment over three years to the Alliance for a Healthier Generation (Healthier Generation), renewing the company’s support of its national nonprofit partner and further funding the Kohl’s Healthy at Home initiative.

Key Points: 
  • Kohl’s (NYSE: KSS) announced today a $5 million commitment over three years to the Alliance for a Healthier Generation (Healthier Generation), renewing the company’s support of its national nonprofit partner and further funding the Kohl’s Healthy at Home initiative.
  • View the full release here: https://www.businesswire.com/news/home/20240409086547/en/
    “Creating healthier communities and supporting family wellness are cornerstones of Kohl’s philanthropic work, and we are proud to continue our work alongside Alliance for a Healthier Generation to make this a reality,” said Christie Raymond, Kohl’s chief marketing officer.
  • New this year, Healthier Generation will launch the Healthy at Home Playbook for Schools, which provides schools with the necessary resources to be named one of America’s Healthiest Schools.
  • The designation is awarded to schools that prioritize improving the well-being of students and their communities across a variety of categories.

Fossil Group, Inc. Announces Leadership Changes

Retrieved on: 
Mittwoch, März 13, 2024

RICHARDSON, Texas, March 13, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (“Fossil” or “the Company”, NASDAQ: FOSL) today announced that Kosta N. Kartsotis is stepping down from his position as Chief Executive Officer and a member of the Board of Directors (the “Board”), effective immediately. To ensure a seamless transition, Kartsotis will remain with the Company in a transitional role until September 2024 and, thereafter, will provide consulting services to the Company until September 2025.

Key Points: 
  • Mr. Mansell stated, “On behalf of the entire Board, I thank Kosta for his unwavering commitment and leadership to Fossil.
  • He has been a member of the executive leadership team at Fossil Group since 2017 and has served as Chief Operating Officer since April 2021.
  • Prior to Fossil Group, he held executive leadership positions across the retail and consumer landscape, including Pier 1 Imports, Inc., Tuesday Morning Corporation, 24 Hour Fitness Worldwide Holdings, Inc., and Michaels Stores, Inc.
  • Prior to his work in retail, he served in leadership roles in several consumer product firms including The Pillsbury Company and Kraft General Foods.

Kohl’s Unveils New Approach to Home, Delivering a New and Expanded Assortment of Stylish and Affordable Home and Seasonal Decor

Retrieved on: 
Dienstag, März 19, 2024

Today, Kohl’s (NYSE: KSS) unveils its new approach to home – a strategy designed to deliver customers a fresh and expanded selection of stylish home and seasonal decor, all at affordable prices.

Key Points: 
  • Today, Kohl’s (NYSE: KSS) unveils its new approach to home – a strategy designed to deliver customers a fresh and expanded selection of stylish home and seasonal decor, all at affordable prices.
  • The significantly expanded assortment, available now both in-store and online, offers customers an inspiring and discover-worthy curation of home and seasonal products in new categories and styles for every home.
  • A Seasonal Decor Destination: Kohl’s new home strategy is also positioning the company to be a year-round destination for everyday occasions and seasonal holidays.
  • Forward-looking statements relate to the date initially made, and Kohl’s undertakes no obligation to update them.

Kohl’s and WHP Global Announce New Strategic Partnership for Babies“R”Us

Retrieved on: 
Dienstag, März 12, 2024

The first Babies“R”Us shops will open in Kohl’s this August, with plans to roll out to approximately 200 stores in fall 2024.

Key Points: 
  • The first Babies“R”Us shops will open in Kohl’s this August, with plans to roll out to approximately 200 stores in fall 2024.
  • Kohl’s has proudly served families for more than 60 years and sees this newest partnership as another opportunity to create new, loyal relationships with the next generation of families.
  • Words such as “believes,” “anticipates,” “plans,” “may,” “intends,” “will,” “should,” “expects" and similar expressions are intended to identify forward-looking statements.
  • Forward-looking statements relate to the date initially made, and Kohl’s undertakes no obligation to update them.

Kohl's Reports Fourth Quarter and Full Year Fiscal 2023 Financial Results

Retrieved on: 
Dienstag, März 12, 2024

Tom Kingsbury, Kohl’s chief executive officer, said “2023 represented an important year for Kohl’s.

Key Points: 
  • Tom Kingsbury, Kohl’s chief executive officer, said “2023 represented an important year for Kohl’s.
  • Through our collective efforts Kohl’s is becoming more relevant to customers, which strengthens our conviction in our longer-term opportunity,” Kingsbury continued.
  • The fourth quarter included net sales of approximately $164 million from the 14th week.
  • Comparable sales, which compare the 13-week period ending January 27, 2024 versus the 13-week period ended January 28, 2023, decreased 4.3%.

Kohl's Named by Ethisphere as One of the 2024 World’s Most Ethical Companies®

Retrieved on: 
Montag, März 4, 2024

For the sixth consecutive year, Kohl’s (NYSE: KSS) has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2024 World’s Most Ethical Companies ®.

Key Points: 
  • For the sixth consecutive year, Kohl’s (NYSE: KSS) has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2024 World’s Most Ethical Companies ®.
  • Since 2007, the Ethisphere Institute has honored companies for setting the global standards of business integrity and corporate citizenship.
  • “Kohl’s is honored to be recognized by Ethisphere as one of the World’s Most Ethical Companies for the sixth consecutive year,” said Steve Thomas, Kohl’s chief risk and compliance officer.
  • For more details about Kohl’s environmental, social and governance programs, please refer to our 2022 Environmental, Social and Governance Report .