KSS - Kohl's Corporation: Core Business Going Strong With Opportunities In Adjacent Categories
2024-04-13 01:18:14 ET
Summary
- Reiterating a buy rating on KSS due to positive near-term outlook and potential for beating EPS guidance.
- KSS reported a decline in same-store-sales but outperformed estimates in gross profit and net income.
- KSS's core business is expected to improve in 2024, and there are additional opportunities in adjacent categories such as home décor and baby gear.