Dec. 5 at 4:35 PM
$KSS Can't remember Kohl's ever presenting at an Investor Conference. I think IR could up their game a little, especially now that some better forward metrics exist. If they were actively repurchasing stock I could see the advantage in lying low, but that's not the case at least right now. No wonder its an "unpopular stock". I remember seeing prior CEO Michele Gass on CNBC a few times 'back in the day'. They could also up their game on the dividend - restoring it to
$0.25 would be a measly
$14M quarterly expense - how is that a tough decision when I see FCF numbers of
$600M tossed around?? Pose this question to Kohl's IR - give them something to do - phone calls not emails they can ignore. The stores are pulling their weight but I'm not seeing I.R. do much with the valuation problem here. P/B of 0.7 is literally the lowest on the chart for retailers.
