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View Full Version : Short Kohl's Department Stores



griswold
08-17-2005, 01:37 AM
Symbol KSS

Big price drop Tuesday. Is Eliot Spitzer poking around into a possible investigation of false advertising by retail department stores? If stock is up over the next three days, close the position. I expect a big move downward between now and Friday

moondog22
08-17-2005, 03:48 AM
Sell Short LCAV 42.35 Stop Loss 44.35 Target 35.75

RJeremy
08-17-2005, 10:20 AM
Symbol KSS

Big price drop Tuesday. Is Eliot Spitzer poking around into a possible investigation of false advertising by retail department stores? If stock is up over the next three days, close the position. I expect a big move downward between now and Friday


i have to strongly dissagree with you here buddy. I actually like this stock to hold for about a year. 54.02 right now, with a 1 year taget of 64.

BettorsChat
08-18-2005, 09:18 AM
Kohl's to add 500 new stores by 2010
Wednesday August 17, 6:02 pm ET


Kohl's Corp.'s chairman and chief executive officer Larry Montgomery said Wednesday that the department store operator plans to nearly double its current number of store locations over the next five years.

The addition of 500 more stores between 2006 and 2010 will raise the Menomonee Falls-based retailer's store count to more 1,200. By then, revenue is expected to double to $24 billion a year with annual net income of $1.9 billion, more than two-and-a-half times its 2004 profit.

Kohl's now operates 670 stores in 40 states and has plans to open 62 stores in the third quarter.

Montgomery, speaking at an investor conference in Boston, confirmed that new stores will include entries into the Seattle market, as reported July 29 by the Puget Sound Business Journal, a sister publication of The Business Journal Serving Greater Milwaukee.

Kohl's move into the Pacific Northwest also includes entry into the Portland, Ore., market, Montgomery said.

Kohl's also announced the introduction of additional brands. In spring 2006, Kohl's will launch Stamp 10 for men and women, a contemporary brand developed in partnership with Liz Claiborne Inc. The firm also plans new brands for home products. It will extend its Nine & Co. brand into the home this fall, and its Apt. 9 and Candie's brands in spring of 2006.

Kohl's president Kevin Mansell said the company is also planning a modification to its store design. The new design will be introduced in the fall of 2006.

Kohl's (NYSE: KSS - News) reaffirmed its fiscal 2005 earnings guidance of $2.42 to $2.50 per share. Third-quarter earnings are expected to be in the range of 43 cents to 46 cents per share, while fourth-quarter earnings are expected to be $1.10 to $1.14 per share. The firm is forecasting same-store sale growth of 4 percent to 6 percent for the fall season.

Shares of Kohl's closed up $1.10 at $54.46 Wednesday.

Published August 17, 2005 by The Business Journal

BettorsChat
08-18-2005, 09:20 AM
And Rule Breakers member Debydete brought LCA-Vision (Nasdaq: LCAV) to our attention. LCA-Vision is the first mover in offering specialized retail eye correction centers. It recently opened its 43rd LasikPlus laser vision eye treatment center, and it has plans for further expansion. If the company can grow and maintain operating margins north of 20%, it is a candidate to graduate from the watch list.

Plus they just started an 8 cent dividend