21 11, 2023

Kohl’s is the Latest Retailer to Get Hit by Slowing Sales: Time to Sell KSS After it Falls 9%?

By |2023-12-07T19:47:40+00:00November 21st, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

It’s been a tough third quarter for retailers, who have all felt the effects of slowing consumer spending. We’ve seen similar sentiments in earnings from Target, Walmart, and now today, Kohl’s (KSS). The company reported earnings that exceeded analyst expectations, and yet, dwindling sales have sent the stock more than 9% lower in Tuesday [...]

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31 03, 2023

Kohl’s Climbs After New CEO Puts His Money Where His Mouth is, Buying $2m in Stock: Should You Follow Suit?

By |2023-12-07T20:58:09+00:00March 31st, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , |

Kohls (KSS) welcomed a new company leader in February - Thomas Kingsbury. Apparently, the new CEO already likes what he sees at the helm. He (along with other company executives) recently acquired large chunks of company stock. The specific details of Kingsbury’s purchases come out to a total of 229,000 shares. Yesterday alone, though, [...]

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