Kohl’s: Trading Below 5x Normalized EPS And Yielding 8% (NYSE:KSS)

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2022 has been a wild ride for Kohl’s (NYSE:KSS) shareholders. After a failed sales process and massive earnings shortfall (discussed below), shares have been cut in half in 2022.

However, I believe that normalized earnings are nearly double the current levels. Further, thepresence of activist shareholder Macellum,

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