Company Overview of Kohl's Corp.
Kohl's Corporation operates department stores in the United States. It offers private label, exclusive, and national brand apparel, footwear, accessories, beauty, and home products to children, men, and women customers. The company also sells its products online at Kohls.com and through mobile devices. As of March 03, 2015, it operated 1,162 department stores in 49 states Kohl’s Corporation was founded in 1962 and is headquartered in Menomonee Falls, Wisconsin.
N56 W17000 Ridgewood Drive
Menomonee Falls, WI 53051
Founded in 1962
Key Executives for Kohl's Corp.
Chairman, Chief Executive Officer, President and Member of Executive Committee
Total Annual Compensation: $1.4M
Chief Financial Officer
Total Annual Compensation: $838.6K
Chief Merchandising & Customer Officer
Total Annual Compensation: $932.6K
Chief Administrative Officer
Total Annual Compensation: $834.8K
Compensation as of Fiscal Year 2014.
Kohl's Corp. Key Developments
Kohl's Corporation Appoints Sona Chawla as Chief Operating Officer, Effective November 30, 2015
Nov 20 15
On November 16, 2015, Sona Chawla accepted an offer to serve as the Chief Operating Officer of Kohl's Corporation, effective as of November 30, 2015. Prior to joining Kohl's, Ms. Chawla, age 48, spent seven years with Walgreens in a variety of senior leadership roles including President, Digital and Chief Marketing Officer from February 2014 to November 2015, President, E-Commerce from January 2011 to February 2014 and Senior Vice President, E-Commerce from July 2008 to January 2011.
Kohl's Corp. Approves and Adopts Amended and Restated Bylaws
Nov 13 15
On November 11, 2015, the Board of Directors of Kohl's Corporation approved and adopted Amended and Restated Bylaws, which became effective the same day, to implement new proxy access rights for eligible shareholders, among other amendments.
Kohl's Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended October 31, 2015
Nov 12 15
Kohl's Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended October 31, 2015. For the quarter, the company reported net sales of USD 4,427 million compared to USD 4,374 million a year ago. Operating income was USD 308 million compared to USD 304 million a year ago. Income before income taxes was USD 189 million compared to USD 219 million a year ago. Net income was USD 120 million compared to USD 142 million a year ago. Basic and diluted net income per share was USD 0.63 compared to USD 0.70 a year ago.
For the nine months, the company reported net sales of USD 12,817 million compared to USD 12,686 million a year ago. Operating income was USD 1,012 million compared to USD 1,035 million a year ago. Income before income taxes was USD 595 million compared to USD 780 million a year ago. Net income was USD 377 million compared to USD 498 million a year ago. Diluted net income per share was USD 1.92 compared to USD 2.43 a year ago. Net cash provided by operating activities were USD 407 million compared to USD 930 million a year ago. Acquisition of property and equipment was USD 551 million compared to USD 561 million a year ago.
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