Let me break the situation down. $KSS has a market cap of $1.66B with $14.78B in revenue in 2024 alone, not to mention $15B in assets. In 2022, Oak Street Capital put a $2B dollar bid just on the real estate Kohl’s owns. JUST THE REAL ESTATE. Also in 2022, Franchise Group attempted to acquire Kohl’s for $67 a share. Kohls didn’t accept, which was definitely a poor move on their end, however - fuck that, SIXTY SEVEN DOLLARS A SHARE. This put them at an $8B valuation, and that was of course back in 2022 - and since then, there has been no big negative change for the business. Not everything is sunshine and rainbows, their margins and revenue have taken a bit of a hit, however they are short term problems that can be fixed. Short term problems that are not nearly concerning enough to justify its current price. They are FCF positive, and have been every year except one since 2009. $KSS has only seen these prices 4 times ever since its IPO in 1992 - 1998, 2008, 2020, and now. Buying now is undeniably better than buying at the bottom of the 2008 crash considering the growth of the business since 2008. To top it off, Christmas. The past 4 years, Kohl’s has risen on average a staggering 25% from the BEGINNING OF DECEMBER TO THE END OF JANUARY ALONE, because of course Christmas is a time where a lot of people spend money, especially in retail… holiday deals, a chance to strengthen relationships between companies and consumers, and of course your wife needs a new coat, etc. etc. Overall a great established company with a consistent customer base and a huge moat, macro brand recognition at an astonishingly low valuation, this is a picturesque example of a dip buy… Oh and 32% short interest, maybe I should have led with that. Shorts are gonna wish they had some Kohl’s cash 🥹 this shit gonna be beautiful TLDR: Market cap is 5 weeks of revenue, 32% short interest, 1998 prices, FCF positive, the holidays are historically great for $KSS, moat, brand recognition, in 2022 they were valued at $8B now unjustifiably $1.65B “Buy when it doesn’t make sense, you’ll make dollars” - Leviticus, 18:22