Kohl’s (KSS) stock was up on Monday alongside reports that the company’s interim CEO, Michael Bender, will take over as permanent CEO. According to reports from Bloomberg, anonymous sources claim that Bender will be named Kohl’s new CEO after serving in the interim role since May 2025.
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Bender brings with him a long history of working in leadership roles across retailers. He’s been with Kohl’s since 2019 as a member of its Board of Directors and has held leadership roles at Walmart (WMT), Cardinal Health (CAH), and Victoria’s Secret (VSCO). Kohl’s is set to report its latest earnings before markets open on Tuesday, which would be the perfect time for the company to reveal Bender as its next CEO.
Investors will remember that Bender took over as interim CEO of Kohl’s after former CEO Ashley Buchanan was ousted from the company earlier this year. This was due to undisclosed personal relationships tied to his direction of vendor transactions. His departure resulted in a boost to KSS stock, which had been on a downward trajectory.
Kohl’s Stock Movement Today
Kohl’s stock was up 0.64% in pre-market trading on Monday, following a 4.73% rally on Friday. The shares have climbed 15.94% year-to-date but were down 14.34% over the past 12 months.
Trading volume is muted today at about 16,000 shares, compared to a three-month daily average of 3.99 million units. However, trading activity will likely pick up alongside the company’s earnings release tomorrow.
Is Kohl’s Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Kohl’s is Moderate Sell, based on one Buy, six Hold, and six Sell ratings over the past three months. With that comes an average KSS stock price target of $12.66, representing a potential 19.41% downside for the shares.
