Top 5 Building Product Companies To Invest In Right Now: Kohl's Corporation(KSS)
Kohl?s Corporation operates department stores in the United States. The company?s stores offer private and exclusive, as well as national branded apparel, footwear, and accessories for women, men, and children; soft home products, such as sheets and pillows; and housewares primarily to middle-income customers. As of January 29, 2011, it operated 1,089 stores in 49 states. The company also offers on-line shopping on its Web site at Kohls.com. Kohl?s Corporation was founded in 1962 and is headquartered in Menomonee Falls, Wisconsin.
Advisors' Opinion:- [By Ben Levisohn]
Nope. Target’s shares have gained 0.7% to $56.99, while competitors were mix. Wal-Mart (WMT) has dropped 0.2% to $75.52, while Macy’s (M) has ticked up 0.1% to $56.59, and Kohl’s (KSS) has advanced 0.7% to $52.70.
- [By Peter Graham]
The Q1 2014 earnings report for the Bon-Ton Stores, Inc (NASDAQ: BONT), a peer of other department store stocks like J.C. Penney Company, Inc (NYSE: JCP), Kohl's Corporation (NYSE: KSS) and Sears Holdings Corp (NASDAQ: SHLD), is due out before the market opens on Thursday. Aside from the Bon-Ton Stores' earnings report, it should be said that troubled Sears Holdings Corp is also scheduled to report earnings before the market opens on Thursday while J.C. Penney Company, Inc and Kohl's Corporation both reported Q1 2014 earnings last Thursday. However, the Bon-Ton Stores is heading into earnings with rather high short interest of 35.05% according to HighShortInterest.com.
- [By Will Ashworth]
But just to make sure you understand why I feel this way, let’s take a look at the major points I covered for JCP earnings previews in both the fourth quarter and this quarter, and how they’ve shaped up. There are seven! points overall, and each encourages continued faith in JCPenney:
Online Sales. JCPenney's online sales in Q1 2013 were $217 million, a 19.9% decrease year-over-year. This year it increased online sales by 25.7% to $273 million, or 9.7% of overall revenue. While it didn't quite hit my target of 10%, it's close enough. I expect it do push into double digits in Q2. Private Label. As Ullman stated in its conference call, it's almost back to where it used to be at 50% of revenue. St. John's Bay is back as if it never left and Liz Claiborne is getting the attention it deserves. With private label boosting gross margins by several hundred basis points, you can expect that to help JCP stock in the future. Liquidity. This is the one that Jeff Macke and company are most concerned about and so they should be. You can't run a company if you don't have enough cash to meet your obligations. This past year, liquidity never went below $1 billion and this year CFO Ed Record believes it won't go below $1.5 billion — evidence it's making progress. More importantly, suppliers continue to be supportive of its turnaround efforts, and that's key to maintaining liquidity. Gross Margins. I specifically stated in my Q4 JCP earnings preview, "As long as they can move above 30% in the next two to three quarters, JCP's survival is less in doubt." JCP delivered gross margins of 33.1% in Q1, 230 basis points better than a year earlier, and it expects to go even higher in Q2. Sears. Both Kohl's (KSS) and Macy's (M) experienced negative same-store sales growth in the first quarter. Sears (SHLD) doesn't report until May 22, but we can assume that its earnings going to be dismal as usual. JCP is taking back some of the market s
source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-building-product-companies-to-invest-in-right-now.html
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