Kohl's Corporation (KSS)
NYSE:KSS
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Earnings Data
Report Date
Aug 13, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.56Last Year’s EPS
0.56Same Quarter Last Year
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a mix of constructive operational progress and remaining near‑term challenges. Positives include stabilization of the core Kohl's card customer (flat comps, ~600 bps improvement vs. Q4), strong private‑brand performance (+6% comps) and spring seasonal strength (mid‑teens), digital growth (+4%), meaningful balance sheet improvement (cash up, ABL cleared) and inventory/turn improvements (~8% lower inventory and turns +8%). Headwinds remain: Q1 produced a small net loss (‑$14M), overall comps still declined (‑1.1%), store transactions are down, Sephora/makeup and certain categories (men's, footwear) underperformed, and margin pressure from increased digital/shipping and embedded fuel costs is expected. Management reaffirmed full‑year guidance and outlined a clear plan (assortment curation, proprietary brand investment, omnichannel/trip assurance, marketplace expansion), so while near‑term sales and margin pressure persist, the directional operational and financial improvements give the company a cautiously optimistic outlook.Company Guidance
Best Quarterly Comparable Sales in Over Four Years
Comparable sales declined 1.1% but management noted this was the best quarterly performance in over four years; net sales declined 1.7% (difference driven by closed-store timing).
Proprietary Brands Momentum
Proprietary/private brands delivered a meaningful lift, up 6% on a comparable sales basis; juniors (SO brand) up ~10%; spring seasonal benefited from assortment fixes and was up mid‑teens. Company plans to accelerate investment in proprietary brands and By Kohl's marketing.
Digital and Marketplace Growth
Digital sales grew 4% driven by traffic increases; including marketplace GMV would have improved comps by ~50 basis points (to ~‑0.6%). Company intends to more than double marketplace assortment and launched an AI-powered gift finder (Google Gemini).
Expense Discipline and Improved Cash/Balances
SG&A decreased approximately $20 million (about 1.6%) in Q1. Cash and equivalents ended at $429 million vs. $153 million a year ago with no ABL borrowings (over $800 million improvement in net cash position vs. prior year). Interest expense decreased $13 million in Q1; repurchased $50 million of debt at a $9 million discount.
Inventory and Turn Improvements
Inventory declined ~8% versus prior year while receipts were up ~1%, reflecting fresher assortments; inventory turns improved ~8%. Company is reducing choice counts and increasing depth to improve trip assurance and in‑stock performance.
Category Wins and Assortment Initiatives
Home outperformed (improved ~400 basis points vs. Q4) with home decor up low single digits; accessories flat with impulse lines up >50%; footwear, kids and new brand rollouts (e.g., Brixton in July) are planned to add newness.
Capital Allocation and Financial Guidance
Q1 CapEx of $84 million (supporting impulse rollout and Sephora expansions); FY CapEx guidance $350–$400 million. Management reaffirmed FY guidance: comparable sales -2% to flat, operating margin 2.8%–3.4%, and EPS $1.00–$1.60. Operating cash flow expectation ~ $900 million; free cash flow ~ $500–$600 million (excludes tariff refunds).
KSS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KSS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 28, 2026 | $12.93 | $15.59 | +20.57% |
Mar 10, 2026 | $14.65 | $14.44 | -1.49% |
Nov 25, 2025 | $15.49 | $22.08 | +42.53% |
Aug 27, 2025 | $12.75 | $15.80 | +24.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Kohl's Corporation (KSS) report earnings?
Kohl's Corporation (KSS) is schdueled to report earning on Aug 13, 2026, Before Open (Confirmed).
What is Kohl's Corporation (KSS) earnings time?
Kohl's Corporation (KSS) earnings time is at Aug 13, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KSS EPS forecast?
KSS EPS forecast for the fiscal quarter 2026 (Q2) is 0.56.
