With KSS stock rallying over 50% in just over 2 weeks we’re stress testing the model to see where we might be wrong. Management has given long term guidance implying it will get back to 5 year peak operating margins of 7-8%, something we think is very difficult to achieve for KSS in this new megacycle of retail #Retail5.0. We’re still coming out with EPS numbers far below where street expectations are 1-3 years out.
We’re hosting a call on Friday December 4th at 10am to vet through each line of the P&L and how we’re getting to each assumption. We’ll debate those estimates to assess where we could be wrong and why, as well as identify which assumptions we have the most confidence in.
Call Details
Date/Time: Friday December 4th at 10am EST Add to Calendar: CLICK HERE
Toll Free:
Toll:
UK: 0
Confirmation Number: 13713579
Live Video Link: Will be provided prior to call.
