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A Mess @ $KSS
I started following Kohls after they threatened to poison pill to stop a takeover attempt. It was an interesting moment somewhat overshadowed by Twitter threatening the same against Elon. This leads me to believe its managements responsibility to prove that was the right decision.

So, Kohls reported earnings today, how did they do? Spoiler: Not Great.

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Revenue down 7%, margin collapse, inventory up 34%!!!

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Management trying to save face with commitments of deleveraging and the suspension of their share buybacks. But interestingly...

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Commitment to a dividend? But...
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There is no Free Cash Flow??? They are just going to pile on more debt by keeping the dividend. Strange.
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On top of this given "macroeconomic challenges" Kohls has pulled FY Guidance. Along with this it was announced a few days ago the CEO would be stepping down.

Overall very unfortunate quarter all things considered. The stock is up nevertheless as apparently all of this was expected. So I think I will continue to stay away until the company starts to show some improvement somewherre.

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