By Kuldip K. Ambastha
Kohl’s Corporation (KSS) is an American department store retail chain, founded by Maxwell Kohl in 1962. On Monday, January 24, 2022, the company’s stock delivered a +36.0% return for the trading day. Why? The stock was in the public eye and in play due to the company receiving takeover offers through various investment firms with a focus on shareholder activism. In an environment of stiff competition, Kohl’s Corporation has struggled but also has been taking positive steps to increase sales and profits. It remains to be seen if one of the takeover offers will be accepted or if Kohl’s Corporation will instead continue to independently pursue its own improvement strategies.
Keywords – Kohl’s Corporation, Kohl’s Corp., Kohl’s, KSS, Maxwell Kohl, Max Kohl, in play, takeover, investment, shareholder, activism, competition, sales, profits, profitability, improvement, strategies, strategy.
Disclosure – The principals and clients of Ambastha Financial LLC have no positions in KSS.
Disclaimer – No recommendations are being made via this post. Past performance is not an indicator of future performance. As an investor, you should do your own research and seek professional advice from a Registered Investment Adviser (RIA). You can lose money by investing in stocks and other instruments. Ambastha Financial LLC does not assume any responsibility (legal or otherwise) for any losses that may occur as a result of actions taken based on this post. All content copyrighted © 2022 – Ambastha Financial LLC.
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