Bragar Eagle & Squire, PC reminds investors of this class

Bragar Eagle & Squire, PC reminds investors of this class


NEW YORK, Oct. 31, 2022 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is reminding investors that class action lawsuits have been filed on behalf of Kohl’s Corporation (NYSE: KSS) shareholders. Bed Bath & Beyond, Inc. (NASDAQ:BBBY), Sema4 Holdings Corp. (NASDAQ: SMFR, SMFRW) and Medtronic PLC (NYSE: MDT). Shareholders have until the deadlines below to petition the court to appear as lead plaintiffs. For more information on each case, see the link provided.

Kohl’s Corporation (NYSE: KSS)

Class Period: October 20, 2020 – May 19, 2022

Lead Plaintiff Deadline: November 1, 2022

Kohl’s is a retail company in the United States. The Company offers branded apparel, footwear, accessories, beauty and home products through its stores and website.

In October 2020, Kohl’s announced that it had entered into a new strategic framework to “drive sales growth,” “expand operating margin,” and become “the most trusted retailer of choice for active and casual lifestyles” (the “Strategic Plan”). Specifically, the strategic plan included “new initiatives to position the company for long-term success,” including “be[ing] the destination for active, leisure and beauty for the whole family from the most trusted brands that always deliver quality and discovery”, “Lead[ing] with loyalty and value through a world-class rewards program” and “Offer[ing] a differentiated omnichannel experience that’s simple and inviting, no matter how customers choose to shop.” In addition, Kohl’s said the company is “focused on driving profitability with the goal of increasing its operating margin to 7% to 8% increase”. In announcing the strategic plan, the company touted its reportedly strong customer base, industry-leading loyalty and loyalty card programs, high volume of deals, and a large and growing digital business.

On May 19, 2022, Kohl’s announced a…

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