NYSE:KSS
NYSE:KSSMultiline Retail

Kohl's (NYSE:KSS) Sees 34% Price Jump Over Last Month

Kohl's (NYSE:KSS) recently completed a $360 million senior secured note offering, with proceeds earmarked to repay existing borrowings, highlighting a focus on strategic debt management amid ongoing financial adjustments. This, along with the first-quarter earnings report, showing a narrowed net loss despite a drop in sales and revenue, could have contributed to positive market sentiment. Against a backdrop of general market gains, such as the S&P 500 rising to its highest since February,...