KSS

Kohl's Reports First Quarter Fiscal 2024 Financial Results

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星期四, 五月 30, 2024
Other Consumer, Fashion, Home Goods, Women, Cosmetics, Seniors, Retail, Footwear, Teens, Parenting, Men, Children, Baby, Maternity, Family, Online Retail, Consumer, Discount, Variety, Department Stores, Partnership, KSS, Growth

Kohl’s Corporation (NYSE:KSS) today reported results for the first quarter ended May 4, 2024.

Key Points: 
  • Kohl’s Corporation (NYSE:KSS) today reported results for the first quarter ended May 4, 2024.
  • Tom Kingsbury, Kohl’s chief executive officer, said, “Our first quarter results did not meet our expectations and are not reflective of the direction we are heading with our strategic initiatives.
  • We are approaching our financial outlook for the year more conservatively given the first quarter underperformance and the ongoing uncertainty in the consumer environment,” Kingsbury continued.
  • The dividend is payable June 26, 2024 to shareholders of record at the close of business on June 12, 2024.

Kohl’s Corporation Holds Annual Shareholders Meeting

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星期三, 五月 15, 2024
Women, Discount, Variety, Department Stores, Men, Other Retail, Family, Specialty, Consumer, Fashion, Cosmetics, Retail, Teens, Children, Baby, Maternity, LGBTQ+, Philanthropy, Home Goods, Fund Raising, Foundation, Other Consumer, Online Retail, KSS, Corporation, Form 8-K, Ernst & Young, LLP, Holding company

Kohl’s Corporation (NYSE:KSS) (“Kohl’s” or the “Company”) today held its annual shareholders meeting.

Key Points: 
  • Kohl’s Corporation (NYSE:KSS) (“Kohl’s” or the “Company”) today held its annual shareholders meeting.
  • Following are the preliminary results for the five proposals voted upon by shareholders:
    Kohl’s shareholders elected Wendy Arlin, Michael J. Bender, Yael Cosset, Christine Day, H. Charles Floyd, Thomas A. Kingsbury, Robbin Mitchell, Jonas Prising, John E. Schlifske, Adrianne Shapira, and Adolfo Villagomez to the board of directors for one-year terms, with an average vote in favor of more than 96 percent of the votes cast;
    The advisory vote to approve the compensation of Kohl’s named executive officers received more than 92 percent of the votes cast;
    The proposal to ratify the appointment of Ernst & Young LLP as Kohl’s independent registered public accounting firm for fiscal year 2024 received more than 94 percent of the votes cast;
    Kohl’s shareholders voted to approve the Kohl’s Corporation 2024 Long-Term Compensation Plan, which received a vote in favor of more than 93 percent of the votes cast; and
    Kohl’s shareholders voted against a shareholder proposal around the company’s Corporate Financial Sustainability Report, with a vote in favor of less than six percent of the votes cast.
  • Final results will be reported on a current report on Form 8-K.

Kohl’s Declares Quarterly Dividend

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星期三, 五月 15, 2024
Footwear, Fashion, Online Retail, Retail, Discount, Variety, Home Goods, Department Stores, KSS

The Board of Directors of Kohl’s Corporation (NYSE:KSS) today declared a regular quarterly dividend of $0.50 per share on the Company’s common stock. The dividend is payable June 26, 2024, to shareholders of record at the close of business on June 12, 2024.

Key Points: 

The Board of Directors of Kohl’s Corporation (NYSE:KSS) today declared a regular quarterly dividend of $0.50 per share on the Company’s common stock. The dividend is payable June 26, 2024, to shareholders of record at the close of business on June 12, 2024.

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

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星期三, 五月 8, 2024
Footwear, Other Retail, Finance, Professional Services, Online Retail, Fashion, Retail, Department Stores, CFO, TJ Maxx, Independent director, Risk, Work, Gerald Stevens, Merchandising, Partnership, SVP, Record, Face, XRT, Taylor Swift, Fraud, Mindspeed Technologies, Woman, Economics, Season, FP&A, Series, Outline, Forecasting, Blockbuster, Hot Topic, Ageing, Fitness, POS, McKinsey & Company, Humboldt Hill, California, Justin Boots, Research, Tractor Supply Company, House, Comment, Public expenditure, Retirement, IPO, Family, AFCE, Berkshire Hathaway, FP, Ariat, State, Marketing, Bankruptcy, Biography, Popeyes, TAM, CURV, Growth, KSS

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

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星期一, 四月 22, 2024
Volunteering, FDA, Safety, Pharmacokinetics, Sleep, Food, CNTA, MWT, NT2, Idiopathic hypersomnia, IND, IH, SAD, POC, Patient, Narcolepsy, NT1, OX2R, Clinical trial, PD, Investigational New Drug, KSS, Pharmaceutical industry

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

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星期三, 五月 1, 2024
Mental Health, Other Consumer, Women, Seniors, Other Retail, Men, Catalog, Family, Social Services, Fashion, Fund Raising, Consumer, Cosmetics, Health, Foundation, Other Philanthropy, Footwear, Retail, Professional Services, Philanthropy, DEI (Diversity, Equity and Inclusion), General Health, Environmental, Social and Governance (ESG), Online Retail, Discount, Variety, Teens, Department Stores, Parenting, Children, Baby, Maternity, Home Goods, Education, Hope, Woman, Mental Health Awareness Month, School, Mental disorder, Partnership, National Alliance, Parent, NAMI, Mental health, Empathy, The Lighthouse Project, Boy, BIPOC, Mental, KSS, Sesame Workshop, Nursing

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

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星期三, 四月 24, 2024
Education, Immersion, Language, School, KSS, Empowerment, Partnership, San Francisco Bay Area, Growth, STEM, Universal, Village School, Ion, Child, Student, Head, Rice University, MIT, Tutoring

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

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星期二, 四月 9, 2024
Other Consumer, Fashion, Other Health, Retail, Other Philanthropy, Footwear, Parenting, Men, Family, Consumer, Fund Raising, Hospitals, Foundation, Department Stores, Philanthropy, Nursing, Managed Care, Health, Other Retail, School, Home, Health equity, Caregiver, Partnership, National Alliance, Knowledge, Mental health, Kohl's, Sale, Student, KSS, Good, Mental disorder, Multimedia, Collection, Emotion, Parent

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

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星期三, 三月 13, 2024
FOSL, Pillsbury (brand), Kraft Foods, Treasurer, Audit committee, KSS, Sally Beauty Holdings, Compensation, SBH, Retirement, Interim, Fossil Group, Lead, Management

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

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星期二, 三月 19, 2024
Women, Department Stores, Men, Home Goods, Catalog, Family, Consumer, Retail, Online Retail, Growth, Glass, KSS, Injection, Creativity, Ceramic, Lighting

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.