Kohl's (KSS)
NYSE:KSS
Want to see KSS full AI Analyst Report?
Top Page
Kohl's
(NYSE:KSS)
Select Model
Select Model
Rating:50Neutral
Price Target:
$13.00
▼(-10.47% Downside)
Action:ReiteratedDate:03/10/26
The score reflects mixed fundamentals led by improved cash flow and operational cost discipline, but weighed down by an ongoing multi-year sales decline and meaningful leverage. Technicals are notably bearish with the stock below key moving averages and negative MACD, and valuation looks demanding due to a very high P/E despite a moderate dividend yield. Earnings call guidance was cautious, reinforcing that a top-line turnaround is still uncertain.
Positive Factors
Improved cash generation
Kohl’s materially strengthened cash generation in the trailing twelve months, producing robust operating and free cash flow. That sustained FCF provides durable capacity to fund targeted capex, dividends, debt paydown and strategic initiatives, improving financial optionality despite revenue pressure.
Negative Factors
Multi-year sales decline and cautious guidance
A persistent top-line decline compresses operating leverage and limits sustainable margin expansion. Management’s cautious guidance signals recovery may be slow; absent a durable comps turnaround, reinvestment needs and promotional intensity could persist, restraining long-term profit growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved cash generation
Kohl’s materially strengthened cash generation in the trailing twelve months, producing robust operating and free cash flow. That sustained FCF provides durable capacity to fund targeted capex, dividends, debt paydown and strategic initiatives, improving financial optionality despite revenue pressure.
Read all positive factors
Kohl's (KSS) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.62B
Dividend Yield2.33%
Average Volume (3M)5.53M
Price to Earnings (P/E)3.9
Beta (1Y)2.05
Revenue Growth-4.28%
EPS Growth146.27%
CountryUS
Employees87,000
SectorConsumer Cyclical
Sector Strength84
IndustryDepartment Stores
Share Statistics
EPS (TTM)2.43
Shares Outstanding112,253,150
10 Day Avg. Volume4,212,099
30 Day Avg. Volume5,526,945
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)0.48
Price to Sales (P/S)0.13
P/FCF Ratio1.77
Enterprise Value/Market Cap5.02
Enterprise Value/Revenue0.52
Enterprise Value/Gross Profit1.29
Enterprise Value/Ebitda6.13
Forecast
1Y Price Target
$15.64Price Target Upside7.69% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering11
EPS Forecast (FY)1.36
Revenue Forecast (FY)$14.65B
Kohl's Business Overview & Revenue Model
Company Description
Kohl's Corporation operates as a retail company in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of ...
How the Company Makes Money
Kohl’s primarily makes money by selling merchandise to consumers through its stores and e-commerce channels, recognizing revenue at the point of sale (in-store) or upon shipment/fulfillment (online), net of returns and discounts. Its core revenue ...
Kohl's Key Performance Indicators (KPIs)
Any
Revenue by Segment
Breaks down revenue across different business areas, highlighting which segments are driving growth and which may need strategic adjustments.
Breaks down revenue across different business areas, highlighting which segments are driving growth and which may need strategic adjustments.
Data provided by:
The Fly
The FlyKohl's Earnings Call Summary
Earnings Call Date:Mar 10, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:May 27, 2026
Earnings Call Sentiment Neutral
The call presents a balanced picture: strong operational and financial improvements (EPS upside, margin expansion, significant cash flow improvement, reduced leverage and tighter inventory) provide a solid foundation, while top-line challenges persist (comp declines, transaction weakness, credit revenue decline, and seasonal/promotional execution issues). Management has articulated detailed corrective actions and cautious guidance for 2026, expecting progressive improvement but acknowledging it will take time and may not be a straight line.Positive Updates
Earnings Per Share and Adjusted Net Income Improvement
Adjusted net income of $125M in Q4 and $186M for 2025; adjusted diluted EPS of $1.07 in Q4 and $1.62 for the full year, with management noting EPS 'well ahead of last year' despite weaker top-line results.
Negative Updates
Top-Line Weakness and Comparable Sales Declines
Net sales down 3.9% in Q4 and down 4% for the year; comparable sales declined 2.8% in Q4 and 3.1% for the year; store sales declined mid-single-digits driven by lower transactions—primary top-line drag.
Read all updates
Q4-2025 Updates
Positive
Negative
Earnings Per Share and Adjusted Net Income Improvement
Adjusted net income of $125M in Q4 and $186M for 2025; adjusted diluted EPS of $1.07 in Q4 and $1.62 for the full year, with management noting EPS 'well ahead of last year' despite weaker top-line results.
Read all positive updates
Company Guidance
Kohl’s 2026 guidance calls for full‑year net sales and comparable sales down 2% to flat versus 2025, operating (EBIT) margin of 2.8%–3.4%, and EPS of $1.00–$1.60; Other Revenue is expected down 4%–6%, gross margin flat to slightly down, SG&A dollars down 0.5%–1.5%, depreciation & amortization about $700M, interest expense about $285M, and a tax rate of ~22%; inventory is expected down low‑ to mid‑single digits, capital expenditures $350M–$400M, with Q1 comps down low single digits and management expecting sales to build through the year.Kohl's Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
54
Neutral
Cash Flow
62
Positive
| Breakdown | Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 15.53B | 16.22B | 17.48B | 18.10B | 19.43B |
| Gross Profit | 6.30B | 6.56B | 6.98B | 6.64B | 8.00B |
| EBITDA | 1.32B | 1.18B | 1.47B | 1.05B | 2.32B |
| Net Income | 272.00M | 109.00M | 317.00M | -19.00M | 938.00M |
Balance Sheet | |||||
| Total Assets | 13.36B | 13.56B | 14.01B | 14.35B | 15.05B |
| Cash, Cash Equivalents and Short-Term Investments | 674.00M | 134.00M | 183.00M | 153.00M | 1.59B |
| Total Debt | 6.63B | 7.16B | 7.38B | 7.57B | 6.79B |
| Total Liabilities | 9.31B | 9.76B | 10.12B | 10.58B | 10.39B |
| Stockholders Equity | 4.05B | 3.80B | 3.89B | 3.76B | 4.66B |
Cash Flow | |||||
| Free Cash Flow | 1.10B | 182.00M | 591.00M | -544.00M | 1.67B |
| Operating Cash Flow | 1.48B | 648.00M | 1.17B | 282.00M | 2.27B |
| Investing Cash Flow | -333.00M | -467.00M | -562.00M | -783.00M | -570.00M |
| Financing Cash Flow | -603.00M | -230.00M | -576.00M | -933.00M | -2.38B |
Kohl's Technical Analysis
Neutral
14.52
Price Trends
14.97
Negative
17.73
Negative
15.96
Negative
Market Momentum
-0.10
Negative
57.12
Neutral
82.21
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KSS, the sentiment is Neutral. The current price of 14.52 is above the 20-day moving average (MA) of 13.19, below the 50-day MA of 14.97, and below the 200-day MA of 15.96, indicating a neutral trend. The MACD of -0.10 indicates Negative momentum. The RSI at 57.12 is Neutral, neither overbought nor oversold. The STOCH value of 82.21 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for KSS.
Kohl's Risk Analysis
Kohl's disclosed 23 risk factors in its most recent earnings report. Kohl's reported the most risks in the "Ability to Sell" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 3 New Risks
1.
Our capital allocation strategy may be inefficient, may not yield the anticipated returns, or may not effectively support our long-term growth. Q4, 2025
2.
We are subject to income and other taxes in the United States and various local jurisdictions, and changes in tax laws or the interpretation of existing laws could increase our tax liabilities and impact our financial results. Q4, 2025
3.
Evolving regulations related to ESG, climate change, and sustainability could increase our costs and impose operational restrictions. Q4, 2025
Kohl's Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $8.92B | 11.61 | 30.03% | 3.99% | -0.41% | -1.30% | |
63 Neutral | $2.92B | 8.40 | 5.21% | 1.97% | 11.17% | -73.47% | |
62 Neutral | $5.23B | 2.68 | 14.20% | 3.23% | -1.67% | 15.12% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
54 Neutral | $4.15B | 6.37 | 22.70% | ― | 5.22% | -4.06% | |
50 Neutral | $1.62B | 3.91 | 6.91% | 2.33% | -4.28% | 146.27% |
* Consumer Cyclical Sector Average
KSS
Kohl's
14.41
7.60
111.63%
DDS
Dillard's
571.47
224.92
64.90%
M
Macy's
19.82
8.55
75.87%
SHOO
Steven Madden
40.02
16.78
72.23%
VSCO
Victoria's Secret
51.52
31.78
160.99%
Kohl's Corporate Events
Business Operations and StrategyDividendsFinancial Disclosures
Kohl’s Reports 2025 Results and Sets 2026 Outlook
Neutral
Mar 10, 2026
On March 10, 2026, Kohl’s reported fourth-quarter and full-year fiscal 2025 results for the period ended January 31, 2026, showing net sales declines of 3.9% in the quarter and 4.0% for the year, with comparable sales down 2.8% and 3.1%, res...
Business Operations and StrategyExecutive/Board Changes
Kohl’s Elevates Mari Steinmetz to Top People Role
Positive
Mar 4, 2026
Effective February 27, 2026, Kohl’s Corporation promoted Mari Steinmetz to Senior Executive Vice President, Chief People Officer, and designated her as an executive officer, elevating her role from the Executive Vice President, Chief People ...
Dividends
Kohl’s Declares Regular Quarterly Cash Dividend to Shareholders
Positive
Feb 25, 2026
On February 25, 2026, Kohl’s Board of Directors declared a regular quarterly cash dividend of $0.125 per share on its common stock, reinforcing a pattern of returning capital to shareholders. The dividend will be paid on April 1, 2026, to sh...
Executive/Board Changes
Kohl’s Announces Planned Retirement of Senior Executive Leader
Neutral
Jan 28, 2026
On January 28, 2026, Kohl’s Corporation announced that Fred Hand will retire from his role as Senior Executive Vice President and Director of Stores, effective April 3, 2026, marking a planned leadership change in oversight of the company...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.