CEO Appointment
Michael Bender appointed as Chief Executive Officer, bringing over 30 years of senior leadership experience in retail.
Improved Performance
Kohl's delivered both top and bottom-line performance ahead of expectations for the third consecutive quarter.
Digital Sales Growth
Digital sales grew by 2% compared to last year, driven by an increase in transactions.
Proprietary Brands Success
Proprietary brands ran a positive comp in the quarter, with notable growth in categories like women's apparel.
Inventory Management
Inventory decreased approximately 5% compared to last year, positioning Kohl's well for the holiday season.
Sephora Partnership
Sephora's performance contributed positively, with plans to introduce MAC in 850 stores by spring 2026.