KSS - Earnings announcements

Kohl's Corporation (NYSE:KSS) today reported results for the first quarter ended May 2, 2026. Net sales decreased 1.7% and comparable sales decreased 1.1% Gross margin increased 4 basis points Diluted loss per share of ($0.13) Affirms full year 2026 financial outlook Michael Bender, Kohl's Chief Executive Officer, said "We are pleased with our start to 2026. Our key initiatives continue to drive progressive improvements to the business, resulting in our best comparable sales performance in over four years. In addition, we continue to manage the business with great discipline leading to strong expense management, cleaner inventories, and an improved balance sheet." "Moving f

Kohl's Corporation (NYSE:KSS) ("Kohl's" or the "Company") today reported results for the quarter and year ended January 31, 2026. Fourth quarter net sales decreased 3.9% and comparable sales decreased 2.8%; fiscal year 2025 net sales decreased 4.0% and comparable sales decreased 3.1%. Fourth quarter diluted earnings per share ("EPS") of $1.07 Fiscal year 2025 diluted EPS of $2.38 and adjusted diluted EPS of $1.62 (a) Introduces fiscal year 2026 financial outlook Michael J. Bender, Kohl's Chief Executive Officer, said, "We are ending 2025 in a stronger position than we started, with important work still ahead of us. Over the past year, our efforts have been focused on resettin

Kohl's Corporation (NYSE:KSS) ("Kohl's" or the "Company") today reported results for the third quarter ended November 1, 2025. Net sales decreased 2.8% and comparable sales decreased 1.7% Gross margin increased 51 basis points Diluted earnings per share ("EPS") of $0.07 and adjusted diluted EPS of $0.10 (a) Raises full year 2025 financial outlook Kohl's Board of Directors appoints Michael J. Bender as CEO Michael J. Bender, Kohl's Chief Executive Officer, said, "We are pleased with Kohl's third quarter results, marking a third consecutive quarter of delivering top-line and bottom-line performance ahead of our expectations. These results are a direct reflection of the progress we

Mr. Bender has served as interim CEO since May Mr. Bender has 30 years of leadership experience at Eyemart Express, Walmart, L Brands, and PepsiCo Kohl's Corporation ("Kohl's" or the "Company") (NYSE:KSS) today announced its Board of Directors ("Board") has unanimously appointed Michael J. Bender as Chief Executive Officer, effective November 23, 2025. Mr. Bender has served as Interim Chief Executive Officer since May 1, 2025. Mr. Bender will continue to serve on the Company's Board. "Over the past several months as interim CEO, Michael has proven to be an exceptional leader for Kohl's – progressively improving results, driving short and long-term strategy, and positively impacting cu

Kohl's Corporation (NYSE:KSS) today reported results for the second quarter ended August 2, 2025. Net sales decreased 5.1% and comparable sales decreased 4.2% Gross margin increased 28 basis points Diluted earnings per share ("EPS") of $1.35 and adjusted diluted EPS of $0.56 (a) Raises full year 2025 financial outlook Michael Bender, Kohl's Interim Chief Executive Officer, said "Kohl's second quarter performance is a testament to the progress we are making against our 2025 initiatives. This resulted in sales performance that came in ahead of our expectations. While it is clear that these initiatives are beginning to resonate with our customers, our team remains focused on del

Kohl's Corporation (NYSE:KSS) today reported results for the first quarter ended May 3, 2025. Net sales decreased 4.1% and comparable sales decreased 3.9% Gross margin increased 37 basis points Diluted loss per share of ($0.13) Affirms full year 2025 financial outlook Michael Bender, Kohl's Interim Chief Executive Officer, said, "I am honored to assume the role of Interim CEO at such an important time for our company. Kohl's has a tremendous opportunity to build on our strong foundation of over 1,100 conveniently located stores and a large and loyal customer base." "Our first quarter performance was ahead of our expectations and the actions we are taking are starting to mak

Board Terminates CEO Ashley Buchanan for Cause Michael Bender Appointed Interim CEO Company Provides Preliminary Expectations for First Quarter 2025 Financial Results Kohl's Corporation ("Kohl's" or the "Company") (NYSE:KSS) today announced that the Kohl's Board of Directors (the "Board") has appointed Michael Bender as Interim Chief Executive Officer (CEO), effective immediately. Mr. Bender has served as a Director of the Board since July 2019 and was appointed Board Chair in May 2024. Mr. Bender's appointment follows the Board's decision to terminate Ashley Buchanan for cause. An investigation conducted by outside counsel and overseen by the Audit Committee of the Board determined

Kohl's Corporation (NYSE:KSS) today reported results for the quarter and year ended February 1, 2025. Fourth quarter net sales decreased 9.4% and comparable sales decreased 6.7%; fiscal year 2024 net sales decreased 7.2% and comparable sales decreased 6.5% Fourth quarter diluted earnings per share ("EPS") of $0.43 and adjusted diluted EPS of $0.95 Fiscal year 2024 diluted EPS of $0.98 and adjusted diluted EPS of $1.50 Introduces fiscal year 2025 financial outlook Ashley Buchanan, Kohl's Chief Executive Officer, said "Kohl's is built on a strong foundation that includes operating more than 1,100 conveniently located stores nationwide, serving over 60 million customers, with 30 mill

Kohl's Corporation (NYSE:KSS) today reported results for the third quarter ended November 2, 2024. Net sales decreased 8.8% and comparable sales decreased 9.3% Diluted earnings per share of $0.20 Updates full year 2024 financial outlook Kohl's Board announces CEO transition process Tom Kingsbury, Kohl's chief executive officer, said "Our third quarter results did not meet our expectations as sales remained soft in our apparel and footwear businesses. Although we had a strong collective performance across our key growth areas, including Sephora, home decor, gifting, and impulse, and also benefited from the opening of Babies "R" Us shops in 200 of our stores, these were unable

Ashley Buchanan Appointed Chief Executive Officer and Board Member, Starting January 15 Tom Kingsbury Plans to Step Down as CEO on January 15, Retaining an Executive Advisory Role and Board Seat Through His Retirement in May 2025 Kohl's Corporation ("Kohl's" or the "Company") (NYSE:KSS) today announced that Chief Executive Officer Tom Kingsbury plans to step down as CEO, effective January 15, 2025. He will stay on in an advisory role to the new CEO and retain his position on Kohl's Board of Directors (the "Board") through his retirement in May 2025, after which the size of the board will be reduced by one. The Board has appointed retail veteran Ashley Buchanan as CEO, effective Jan

Kohl's Corporation (NYSE:KSS) today reported results for the second quarter ended August 3, 2024. Net sales decreased 4.2% and comparable sales decreased 5.1% Gross margin increased 59 basis points Diluted earnings per share of $0.59 versus $0.52 in the prior year Inventory declined 9% Updates full year 2024 financial outlook Committed to returning capital to shareholders through the dividend and further strengthening balance sheet Tom Kingsbury, Kohl's chief executive officer, said, "We have taken significant action to reposition Kohl's for future growth. However, our efforts have yet to fully yield the intended outcome due in part to a continued challenging consumer e

Kohl's Corporation (NYSE:KSS) today reported results for the first quarter ended May 4, 2024. Net sales decreased 5.3% and comparable sales decreased 4.4% Regular price sales increased 2.4% with clearance impacting overall comp by more than 600 basis points Gross margin increased 48 basis points Diluted loss per share of $0.24 Inventory declined 13% Updates full year 2024 financial outlook Committed to returning capital to shareholders through the dividend and further strengthening balance sheet through long-term debt reduction in 2024 Tom Kingsbury, Kohl's chief executive officer, said, "Our first quarter results did not meet our expectations and are not reflective

Kohl's Corporation (NYSE:KSS) today reported results for the quarter and year ended February 3, 2024. Fourth quarter net sales decreased 1.1% and comparable sales decreased 4.3%; fiscal year 2023 net sales decreased 3.4% and comparable sales decreased 4.7% Fourth quarter diluted earnings per share ("EPS") of $1.67 and fiscal year 2023 diluted EPS of $2.85 Operating cash flow of $789 million in fourth quarter and $1.2 billion for fiscal year 2023 Committed to further strengthening balance sheet and returning capital to shareholders through the dividend Introduces fiscal year 2024 financial outlook Tom Kingsbury, Kohl's chief executive officer, said "2023 represented an impo

Kohl's Corporation (NYSE:KSS) today reported results for the third quarter ended October 28, 2023. Net sales decreased 5.2% and comparable sales decreased 5.5% Diluted earnings per share of $0.53 Inventory declined 13% Updates full year 2023 diluted earnings per share guidance to $2.30 to $2.70 Remains committed to strengthening balance sheet and to maintaining current dividend Tom Kingsbury, Kohl's chief executive officer, said "Kohl's third quarter earnings reflect strong gross margin and expense management as well as additional progress against our strategic priorities. I am pleased with our store performance driven by strong growth in Sephora and the newness in our hom

Kohl's Corporation (NYSE:KSS) today reported results for the second quarter ended July 29, 2023. Net sales decreased 4.8% and comparable sales decreased 5.0% Diluted earnings per share of $0.52 Inventory declined 14% Reaffirms full year 2023 financial outlook Remains committed to strengthening balance sheet and to maintaining current dividend Tom Kingsbury, Kohl's chief executive officer, said, "Our second quarter earnings were in line with our expectations. We maintained strong sales momentum in Sephora at Kohl's, reduced inventory by 14%, and managed expenses tightly. Further, solid cash flow generation allowed us to reduce our borrowings in the period." "Many of our s

Kohl's Corporation (NYSE:KSS) today reported results for the first quarter ended April 29, 2023. Net sales decreased 3.3% and comparable sales decreased 4.3% Gross margin increased 67 basis points Diluted earnings per share of $0.13 Inventory declined 6% Affirms full year 2023 financial outlook Remains committed to strengthening balance sheet and to maintaining current dividend Tom Kingsbury, Kohl's chief executive officer, said "Our first quarter results were in line with our expectations and represented a first step as we work to drive sales and earnings performance over the long-term. We delivered margin expansion, as well as a 6% reduction in inventory. In addition,

Fourth quarter net sales decrease 7.2% and comparable sales decrease 6.6% Fourth quarter diluted loss per share of ($2.49) Introduces full year 2023 financial outlook Committed to strengthening balance sheet, while continuing to return capital to shareholders through the dividend in 2023 Kohl's Corporation (NYSE:KSS) today reported results for the quarter and year ended January 28, 2023. Tom Kingsbury, Kohl's chief executive officer, stated, "Kohl's fourth quarter results reflect meaningful proactive measures we took to better position the business for 2023, as well as sales pressure driven by the ongoing persistent inflationary environment. Kohl's has a solid foundation and a hig

Third quarter comparable sales decrease 6.9% and net sales decrease 7.2% Third quarter diluted earnings per share of $0.82 Kohl's Board has formed search committee to oversee the search for a new CEO while Tom Kingsbury has agreed to serve as Interim CEO during the transition period Kohl's Corporation (NYSE:KSS) today reported results for the quarter ended October 29, 2022.   Three Months Nine Months ($ in millions, except per share data) October 29, 2022 October 30, 2021 Change October 29, 2022 October 30, 2021 Change Total revenue $ 4,277   $ 4,600     (7.0 %) $ 12,079   $ 12,934     (6.

Second quarter comparable sales decrease 7.7% and net sales decrease 8.5% Second quarter diluted earnings per share of $1.11 Updates full year 2022 financial outlook Company enters into $500 million accelerated share repurchase agreement Kohl's Corporation (NYSE:KSS) today reported results for the quarter ended July 30, 2022.   Three Months Six Months ($ in millions, except per share data) July 30, 2022 July 31, 2021 Change July 30, 2022 July 31, 2021 Change Total revenue $ 4,087   $ 4,447     (8.1 %) $ 7,802   $ 8,334     (6.4 %) Net sales(1)   (8.5 %)   31.4 %

First quarter net sales and comparable sales decrease 5.2% First quarter diluted earnings per share of $0.11 Updates full year 2022 financial outlook Board continues to run a robust process to explore all strategic initiatives to maximize value Kohl's Corporation (NYSE:KSS) today reported results for the quarter ended April 30, 2022.   Three Months ($ in millions, except per share data) 2022 2021 Change Total revenue $ 3,715   $ 3,887     (4.4 %) Net sales(1)   (5.2 %)   69.5 %       Gross margin   38.3 %   39.0 % (69) bps   Selling, general, and administrative expe

Fourth quarter diluted earnings per share of $2.20 exceeds expectations Record full year 2021 adjusted diluted earnings per share of $7.33, eclipsing previous high of $5.60 in 2018 Repurchased $548 million of shares in the quarter and $1.355 billion of shares in 2021 Expects full year 2022 net sales to increase 2% to 3% as compared to 2021, operating margin to be in the range of 7.2% to 7.5% and earnings per share to be in the range of $7.00 to $7.50 Increasing the quarterly dividend by 100%, which equates to an annual dividend of $2.00 per share, and planning to repurchase at least $1.0 billion in shares in 2022, of which $500 million is expected to be repurchased through open mar

Third quarter net sales and earnings exceed expectations and company raises full year 2021 financial outlook Third quarter net sales increase 15.5%; third quarter comparable sales increase 14.7% Record third quarter diluted earnings per share of $1.65 and company raises full year 2021 guidance to $7.10 to $7.30 Repurchased $506 million of shares in the quarter and now plans to repurchase $1.3 billion of shares in 2021 Ended the quarter in a strong financial position with $1.9 billion in cash Kohl's Corporation (NYSE:KSS) today reported results for the quarter ended October 30, 2021.   Three Months Nine Months ($ in millions, except per share data) October 30, 202

Second quarter net sales and earnings exceed expectations and company raises full year 2021 financial outlook Second quarter net sales increase 31.4% Record second quarter diluted earnings per share of $2.48 and company raises full year 2021 guidance to $5.80 to $6.10 Strengthened financial position during the quarter, ending with $2.6 billion in cash Repurchased $255 million of shares in the quarter and now plans to repurchase $500 million to $700 million of shares in 2021 Kohl's Corporation (NYSE:KSS) today reported results for the quarter ended July 31, 2021.   Three Months Six Months ($ in millions, except per share data) July 31, 2021 August 1, 2020

MENOMONEE FALLS, Wis.--(BUSINESS WIRE)--Kohl’s Corporation (NYSE:KSS) today reported results for the quarter and year ended January 30, 2021.   Three Months Twelve Months ($ in millions, except per share data)   2020 2019 Change   2020 2019 Change Total revenue $ 6,141   $ 6,832     (10.1 )% $ 15,955   $ 19,974     (20.1 )% Net sales(1)   (10.1 )%   0.0 %         (20.4 )%   (1.5 )%       Gross margin   32.0 %   32.7 % (73) bps     31.1 %   35.7 % (464) bps   Sellin

MENOMONEE FALLS, Wis. & SAN FRANCISCO--(BUSINESS WIRE)--Kohl’s (NYSE: KSS) and Sephora today announced a long-term strategic partnership to create a new era of elevated Beauty at Kohl's, marrying Kohl's expansive customer reach and omnichannel convenience with Sephora's prestige service, product selection and exceptional beauty experience. "Sephora at Kohl's" will be a fully-immersive, premium beauty destination, designed within a 2,500 square foot space and prominently located at the front of the store. When the first 200 locations open in Fall 2021, the Kohls.com online beauty selection will also convert to exclusively showcase an expanded assortment of Sephora's prestige produ