Kohl’s is the sultan of the suburban strip mall, but the company’s earnings might tell us more about the American consumer than Kohl’s itself.Ĭonsumer spending isn’t letting up … not like I expected otherwise. While some investors seem to think everyone’s bopping around the food court like it’s 1999 again … I don’t get the same “mall revival” impression. Next, you’re going to tell me that Macy’s ( NYSE: M ) reported good earnings… Whoa there, let’s not jump to conclusions like the rest of the market. And Kohl’s is quickly remedying that problem in its stores. A gaggle of suburbanites go into Kohl’s for a polo sweater and then get sucked into the makeup department … it’s the same tact that first made malls and department stores so appealing a century ago.Īll that was missing was products people actually want to, you know, buy. Yeah, it’s kinda like … a department store or something!Īnd bringing a bestselling makeup chain like Sephora under its wing has been a boon for Kohl’s. Whoa … stores within stores? That’s Kohl’s-ception.
So, Kohl’s expanded its quantities of active and comfort clothing, and its 200 in-store Sephora shops are coming in clutch. I love it when a plan comes together, and in Kohl’s case, that includes actually selling what consumers want to buy as the economy reopens … namely activewear and makeup.
Throw in half a billion dollars in share buybacks, and wham-o! You have the best quarter Kohl’s has reported since March - when KSS investors were last startled awake with a surprisingly decent quarter.ĬEO Michelle Gass can hardly contain all that excitement, noting: “All of the pieces of our strategy are coming together, and we remain incredibly confident in the future of our business.” Incredibly. That’s way up from the company’s previous estimates of $5.80 to $6.10 per share. This has been such a pleasant, beautiful, surprising gift in this time to be able to get to do all that again with another little human.Though, I want to know … how much is that in Kohl’s Cash? You know, the alternative currency that, surprisingly, no one has a problem with? I love paying with Kohl’s Cash and somehow getting more Kohl’s Cash back…Īnyway, Kohl’s quarter was so successful - how successful was it?! - that the company juiced up its earnings guidance for next quarter, now expecting to bring in between $7.10 and $7.30 per share. She added, 'I feel like we've been able to so far raise two really special kids who will be great role models. She told People, 'We had always been open to a third, but definitely didn't think in the crazy year that the entire world was having that it would necessarily be this moment.' In May the 9-1-1- actress announced the news that they're expecting. Jennifer married Brian Hallisay, 42, in 2013 and they already have two children, daughter Autumn James Hallisay, seven, and son Atticus James Hallisay, five. 'Giving yourself a blowout while very pregnant is hard work. Her hair flowed down her chest and she cradled her stomach with one hand as she took the selfie with the other. She wore a lavender and white nightgown as she rested atop a large white pillow. On Monday the brunette beauty also posted a bump-displaying picture. A wide black headband holds her long, chocolate locks out of her face. The grainy picture shows her in two intertwined gold necklaces and stud earrings. In the photo the soon-to-be mom-of-three wears a long, long-sleeve black dress and smiles into the camera. The Texas native placed a hand on her protruding stomach as she rounds out the term of her third pregnancy. The 42-year-old Party Of Five actress shared an image to her Instagram Stories on Tuesday with the caption, 'Bumpin along!' Jennifer Love Hewitt's pregnancy is moving along nicely.