KSS

Kohl's Corp

Consumer


Presented:01/30/2019
Price:$69.10
Cap:$11.41B
Current Price:$19.96
Cap:$2.22B

Presented

Date01/30/2019
Price$69.10
Market Cap$11.41B
Ent Value$15.56B
P/E Ratio11.54x
Book Value$33.05
Div Yield3.53%
Shares O/S165.13M
Ave Daily Vol4,014,284
Short Int17.85%

Current

Price$19.96
Market Cap$2.22B
Kohl's Corp. owns and operates family-oriented department stores. It offers exclusive brand apparel, shoes, accessories and home & beauty products through its department stores. Its stores offer apparel, footwear and accessories for women, men and children; soft home products, such as sheets and pillows and house wares targeted to middle-income customers. Its stores generally carry a consistent merchandise assortment with some differences attributable to regional preferences. The company was founded in 1962 and is headquartered in Menomonee Falls, WI.

Publicly traded companies mentioned herein: Kohl’s Corp (KSS), Under Armour Inc (UA)

Highlights

The presenter is short shares of Kohl’s Corp (KSS), citing tailwind exhaustion and structural issues. Shares have rallied from ~$42 in November 2017 to the current ~$70 (+67%), which can be attributed to macro trends and improved execution by the company. However, he views these trends as unsustainable and expects the share price to fall based on macro trend reversions, margin and multiple contraction, and increased promotional activity.

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Idea Discussion

Commentor 1 - 2 weeks ago

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