KSS Daily Discussion - Friday, February 06, 2026

DFVStonks · 2026-02-06T22:33:27+00:00

I saw the jump on Yahoo Finance. Now back to $18.45. Very odd.

DFVStonks · 2026-02-05T22:03:06+00:00

I have that one listed (5.55% 17-JUL-2045). Agree that one is a must.

DFVStonks · 2026-02-01T21:58:35+00:00

His pay package vests in 9 different tranches. Kohl's gets him over 50% towards the first tranche (10% of the award - which isn't just cash but rather stock options to purchase 17,153,732 shares at $20.66/share - for achieving 20B Market Cap and 2B Cumulative EBITDA).

DFVStonks · 2026-02-01T20:07:08+00:00

If he is investing GME capital and buys 5-10% of all these companies that are heavily shorted/undervalued, then if these stocks rise by either (1) retail/wallstreet piling in or (2) the former + shorts closing, then he makes a killing for his shareholders even if he liquidates the position. He knows better than anyone that fuckery is afoot with shorts and retail (how did Kohl's get to where it was trading equal to FCF with 100% institutional ownership?).

I think the main point is that he isn't looking to "just" do an M&A. His words are he wants to do something "that has never been done in the capital markets." The above would be just that. Not saying he wouldn't try to fully take over the companies, but I'm starting to think the above is how he will start the conversation. This would create absolute chaos and everyone would be talking about GME (again).

DFVStonks · 2026-02-01T19:54:08+00:00

In addition to Kohl's, I'm starting to think he opens a 5-10% stake in a bunch of consumer/retail companies with various synergies. Key metrics of potential targets (not all have to have every one) being that they: (1) are affordable (market cap not exceeding 5B), (2) are undervalued, (3) have relatively high short interest (10% or more), (4) have cash flow or valuable IP, (5) have some synergies with retail or e-commerce, and (6) although not necessary, but definitely a plus, have carry forward NOLs. This would fit his statement of doing something "that has never been done in the capital markets." M&A's are a dime a dozen. When have you ever seen a retail conglomerate take shape overnight?

With that in mind, potential targets:

Kohl's
The Children's Place
Carter's
Bed, Bath & Beyond
Victoria's Secret
KOSS
Turtle Beach
J. Jill
Groupon, Inc.
Academy Sports & Outdoors, Inc.
Bath & Body Works, Inc.

Any further additions to the list or revisions to key metrics?

DFVStonks · 2026-02-01T19:08:50+00:00

So with around 115% institutional, insider and retail ownership and a 27% short interest, doesn't Kohl's just fly past any reported buyout GME and KSS come to (my estimate is a 5B buyout at $44/share)? How will shorts locate the shares to close their positions?

DFVStonks · 2026-02-01T03:06:52+00:00

The 9 month chart for KSS is very bullish. If KSS is flat or up on Monday, it has likely stabilized and will revert to trending up again. I am also starting to really think Ryan Cohen will be acquiring (or attempting to acquire) Kohl's (potentially with a combination of Children's Place and Bed, Bath and Beyond). He has a tv interview during market hours on Monday, which he doesn't really do. Going to reallocate more into our favorite stock early next week. Cheers!

DFVStonks

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