Kohl 's Financial Analysis Paper

A calculation is used to assess Target and Walmart efficiency that allocating the capital under its control to profitable investments. The return on invested capital gives a sense of how well a company is using their money to generate returns. However, Target sales increased to 4% in 2015 to 2016 but then declined significantly in 2016 to 2017. Target earnings from continuing operations before interest expense and income taxes increased by 5% in 2015 to 2016 but then slightly declined to 1.5% in 2016 to 2017 not reaching the 2015 level. Therefore, Target earnings from continuing operations before income taxes increased to 3.5% in 2015 to 2016 but then slightly declined to

Short Term Investments – totaled $220,000.00 in year 6, a gain of $21,500.00 or +10.8%.

Kevin Mansell, Kohl’s chairman, president and chief executive officer, said the company’s multi-year “Greatness Agenda,” launched in 2014, is “working as evidenced by our achievement of five consecutive quarters of positive comparable sales increases. I am particularly encouraged by the 4 percent increase we saw between Thanksgiving and Christmas. At the most competitive time in retail, customers were choosing Kohl’s.”

This chain is one of the 20 largest retail stores in the United States. Kohl’s is also listed in Fortune 500 in 2012. This retail store has more than 1100 locations around the globe. It also has a strong reputation and distribution. Also, their revenue performance and financial stability is high. Kohl’s also offers most of the essential products like clothing, furniture and etc.

Market expansion openings include Illinois, Indiana, Kentucky, Michigan, Minnesota, Missouri, Nebraska and Pennsylvania. Kohl 's stock splits two for one in April. The company adds a fourth distribution center in Blue Springs, Mo., and an e-commerce fulfillment center in Monroe, Ohio. 2001 Kohl 's expands into the Southeast region of the United States with new stores in Atlanta. The company extends its expansion into the South Central United States with stores in Oklahoma City, Austin, Fayetteville and El Paso. Kohl 's fifth distribution center opens in Corsicana, Texas. And in 2002 Kohl’s opens its first stores in Massachusetts, New Hampshire and Rhode Island. The company also adds stores in Houston. In total, Kohl’s opens 75 stores in 2002. (Kohl’s Corporation, 2013, Press Room)

In the case of Beta Corp., the reconciliation documents do not provide net income, only the reconciliation of net income generated by the operating activities. It appears net income prior adjustment should be $8,727 (6323 beginning net income prior adjustments with (2404) of adjustments = starting net income of 8727 prior adjustments). In this case, cash generated by operation was less then net income. The most significant contributor of this comes from the cash paid to suppliers and employees. The increase in accounts payable is also significant. The asset increased 10,224 over the prior year so the firm is extended credit, as a way will collect in a later period.

Yahoo and google have the Revenue at $73,785,000,000 for 2016 which is a $1,167,000,000 increase from 2015 when they were at $72,618,000,000. However this increase does not continue into the income statement on 01/28/17 where their revenues fell to $69,495,000,000 which is about a 6.17% decrease as compared to the 1.61% increase from the prior years. Even 2014 to 2015 saw an increase in revenue of $1,339,000,000 equating to a 1.88% increase. The profit shows a similar tended expect when a discontinued operations is involved by resulting in a loss for 2015 of $1,636,000,000. Both 2016 and 2017 reports show a profit however 2016 is gain lower than the statement for 01/28/17 with profit dropping by $626,000,000 translating to a 22.87% less

during year 12 and year 13. However, in year 13 and year 14 total current assets fell

As of 01/31/2015, Kohl’s assets were divided into current assets of 39.5%, property, plant, and equipment of 59% and all other assets of 1.5%. This was only a minor change from 2014. Therefore, the total asset turnover is great effected by property, plant, and equipment.

Currently Kohl’s does not with foreign counties, but it in the future, it might have an interest.

Soon after this, Kohl went to the stock market, eventually making his own business, Kohl’s Investments. Herb Kohl and his brother then inherited a store chain of 50 grocery, department, pharmacies, and liquor stores. In 1970 Herb Kohl was named president of Kohl’s. In 1979 Kohl sold the corporation and purchased the Milwaukee Bucks NBA

Kohl’s is a company that has been around for quite a while and inevitably has various strengths and weakness. One of the major strengths they have is their abundance of products. Vast merchandise means a wide array of customers that could potentially have a need to be met. Another strong suit of Kohl’s is their incredibly efficient supply chain.

By 2011, Kohl’s corporation reported 1097 stores and a net income of 1.1 million dollars. (12)

Balance Sheet: Assets, such as Cash and Cash equivalents are up over last year by $20.72 million dollars, whereas Short Term Investments where 0 at the end of 2013 they were slightly up to $1.12 by January 3, 2015. Other Assets shows a drop of $8.26 million dollars, mostly in Property, Plant and Equipment. Based on the 10-K report the balance sheet was in the thousands other web based financial reporting sites show the numbers to be in the millions. Upon further review of the Balance Sheet from the financial website “Watch” the break down in Property, Plant and Equipment shows the biggest difference in the Accumulated Depreciation. (Market Watch) The Vertical Ratio for 2014 Total Current Assets is 3% of the Total Assets and in 2013 was also 3%. The Horizontal Ratio for Total Asset were 37% reflecting a change from 2014 at $212.05 and 2013 $195.61 signaling a significant increase in 2014. The 2015 financial were not completed at the time of this report but the

If a partial increase in Cash and cash equivalents resulted from the receivables a decrease should have also occurred. In 2015, a decrease of 667 million was reported in payables to Pizza Pizza Limited which resulted from distributions to holding Class B and Class D Exchangeable Shares and other expenses paid by PPL on behalf of the partnership. Also, an increase of 307 million was reported in receivable from Pizza Pizza Limited, this resulted from the income from royalty sales. Looking at the Trade and other Payables there was a total increase of 120million of which 114 million was the result of an increase in accruals. And 6million increase resulted from an increase in other payables. The change of 3 thousand in borrowing occurred from the deferral finance fees and no other borrowings were reported under this section. Approximately a decrease of 23 million (8.1%) resulted in Exchangeable Shares this was due to the amended and restated agreement for Class B and Class D. An issuance of 2.8 million equivalent commons for Class B partnership unit resulted in approximate 30 million increase which was used to gain a greater entitlement to the partnership income rather than cash.