Kohl’s Corporation: Initiation Of Coverage – Will It Make A Comeback After Its Failed Attempts To Explore A Potential Sale?

This is our first report on retail player, the Kohl’s Corporation. The company’s Fourth Quarter 2023 Earnings showed a mix of positives and negatives in terms of the company’s financial performance and future outlook. Despite reporting a decrease of 1.1% in net sales and 4.3% in comparable sales for Q4, on the positive side, Kohl’s expressed optimism about its ability to realize growth through various strategic initiatives. For instance, the company highlighted strides it made in repositioning the business last year and said this progress would drive momentum in 2024.