1. Kohl's Earnings Fail to Impress Activist Shareholders

    Kohl's Earnings Fail to Impress Activist Shareholders

    The activist investors want to shake up the board of directors at Kohl's. Bruce Bennett/Getty Images Kohl’s stock got a boost from the company’s better-than-expected fiscal fourth- quarter earnings, but the activist investors clamoring for change at the department store weren’t pleased with the results...

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    1. Setting low operating goals raises substantial questions about Board oversight and lack of urgency.
    2. The activist investor group's comparisons of 2019 results to expectations for 2021 are nonsensical given a continuing global pandemic.
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