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Stockchase Opinions

Jim DoakKohl's CorpKSSTOP PICKJan 11, 2013

US retailer that competes with J. C. Penney and Macy’s. Been struggling lately. Tries to buy companies when they are going through a bit of a rough patch because she can pick them up at a pretty cheap price. Trading at less than 10X earnings. Management is aware of where they need to improve. December 2012 same-store sales were up 3.5%. Dividend of 3.02%.

$42.02

Stock price when the opinion was issued

$18.06

As of Jun 12, 2026. Market Open.

department stores
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COMMENT

Is flat this year. Reports this week. Department stores are cyclically challenged, but the new CEO might turn this around.

BUY

Happy to own it. The new CEO has a great track record rebuilding a prior company. Pays a 10% dividend and is trading dirt cheap.

BUY

This company has overly discounted how horrible the consumer will be. The 8.7% dividend is fine. But you should no more than 2.5% in your portfolio.

BUY
Down over 40% in the past year. Pays a 7.7% dividend. Expects it to produce $3 of earnings. Is priced now as if the consumer will lie down and down--not the case.
BUY
Down 40% this year, pays an 8% dividend, $4 earnings.
SELL ON STRENGTH
Doesn't trust it. They didn't have a good quarter--they have too much inventory and wasn't thrilled that they said they would stand by the dividend. Sell if this rises above $30.
WAIT
It reports Thursday. See what they say. This stock has disappointed often and could slip into irrelevance.
BUY ON WEAKNESS
If it opens below $24 tomorrow morning due to the Walmart earnings report, buy a little.
SELL
Wipe your hands clean of this stock, though retailers, especially department stores, have all slumped. Today, Kohl's abandoned deal talks.
SELL
They abandoned deal stocks today. Shares tanked nearly 20%. The company has been lying about its plan in its filings and she is furious. The company lowered its own guidance, yet was saying in its call that things were going well. That was BS. The company has wasted so much shareholder value in five months since they received that offer. They have underperformed every retailer. Management has been incompetent and lying to shareholders, no doubt. She wouldn't be surprised if an activist came aboard. They are terrible.
DON'T BUY
He doesn't like retail, which is down a lot, is nervous when a premier retailer like Target keeps doing down. He would be surprised if another company buy them.
COMMENT
They vote to keep or replaced much of the board with activists to decided on the company's destiny. Will they maximize shareholder value or sell the company? They should delay the vote until they decide on their path.
COMMENT
They vote to keep or replaced much of the board with activists to decided on the company's destiny. Will they maximize shareholder value or sell the company? They should delay the vote until they decide on their path.
DON'T BUY
It reports Tuesday. Am embattled, ho-hum department store, besieged by potential buyers. But it would be huge they accepted a buyer.