Despite a recent run of success for Kohl’s (KSS), Hedgeye retail sector head Brian McGough still says sell it.
Why?
As McGough explains in the video above, some of Kohl’s numbers just don’t add up.
According to McGough:
|
“I would argue the new CEO of Kohl’s does not know those numbers. Kohl’s is actually losing $1.40, but supposedly it’s cheap on cash flow. Kohl’s has no terminal value.” |
Watch the video above for more.
