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  "docSlug": "jarvis-macellum-kohls-presentation-april-2022",
  "documentTitle": "Macellum Kohls Presentation April 2022",
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  "presentationDate": "2022-04-01 00:00:00",
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  "pageNumber": 51,
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  "slideType": "valuation_table",
  "function": "compare_peers",
  "density": "balanced",
  "nDataPoints": 18,
  "notes": "The slide highlights a negative trend for KSS (-37% and -34%) while peer groups show positive growth in valuation multiples.",
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  "slideHref": "/slides/019f6b8f-32cf-7688-97ac-a3d98b243b84/51",
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      "text": "Source: Company SEC Filings, Bloomberg LP; [As of 01/14/2022]. Retail Peer Average/Median Includes: AEO, BBBY, BKE, BURL, CTRN, DDS, DKS, GPS, HIBB, JWN, M, PLCE, ROST, TGT, TJX, URBN, WSM. Compensation Peer Group Average Includes: BBBY, GPS, M, JWN, ROST, TJX.",
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      "kind": "paragraph",
      "text": "Not only is the Company's valuation the lowest among its peers, but Kohl's valuation has also deteriorated meaningfully over the last year as investors appear to be losing confidence in the future",
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      "kind": "table",
      "text": "Comparison of EV/EBITDA multiples for Retail Peer Average, Median, Compensation Peer Group, and KSS.",
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      "kind": "title",
      "text": "SINCE OUR CAMPAIGN LAST YEAR, KOHL'S VALUATION HAS CONTRACTED",
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      "evidence": "Direct comparison of KSS valuation metrics against peer groups over time.",
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