The Kohl’s Recesson

Kohl's reported Q2 earnings, highlighting 3% growth in proprietary-brand sales and 1% growth in home sales. Inventory declined 3%, while receipts increased 7%. Marketplace grew 88% YoY. The company raised its outlook, expecting comparable sales to decline 1.5% to flat and adjusted EPS of $1.80 to $2.40. Kohl's ended the quarter with $821M in cash and resumed share repurchases.

Kohl's Corp (KSS) reported a 0.9% decline in Q2 comparable sales, with Sephora sales down 4% and women's business down 1.5%. Macroeconomic pressures and inventory constraints were noted. Gross margin increased slightly, while credit revenue declined. The company expects flat to down 2% sales in the back half, with investments in inventory and pricing. EPS guidance was raised by $0.80, including $0.65 from tariff refunds. Free cash flow is projected at $600 million, with plans for $100 million in

Kohl's Corp (KSS) reported a 124.6% EPS surprise at $1.28, but shares fell ~7% premarket due to a revenue miss and concerns over tariff-refund quality. Gross margin improved to 43.0% from 39.9%, but $100M of this came from tariff refunds. Management raised full-year EPS guidance to $1.80–$2.40, including $0.65/share from refunds. Marketplace sales grew 88% in Q2, and proprietary brands showed strength. The stock trades at $18.08 with a 2.8% dividend yield and a P/E of 7.5x.

Four retailers (Walmart, Lowe's, Home Depot, Abercrombie & Fitch, Williams-Sonoma, Kohl's, Bath & Body Works) reported Q2 earnings beats, partly due to Supreme Court tariff refunds. Abercrombie & Fitch (ANF) reported $1.27B in sales, $4.17 EPS, with $100M from refunds. Williams-Sonoma (WSM) showed strong comp sales growth. Kohl's (KSS) and Bath & Body Works (BBWI) also beat estimates. Consumer data shows defensive spending trends.

Kohl's (KSS) raised its full-year profit forecast after Q2 earnings beat estimates, driven by $150M in tariff refunds and higher gross margins. Adjusted EPS was $1.28 vs. $0.57 estimate, revenue was $3.515B vs. $3.345B estimate. Net sales fell 0.9% YoY, but gross margin rose 305 bps. The company now expects full-year EPS of $1.80-$2.40, up from prior $1-$1.60 range, and raised sales guidance. Kohl's shares rose 0.6% post-earnings.

Kohl's Corp. (KSS) reported fiscal Q2 profit of $151M, or $1.28 per share, beating analyst estimates. Revenue was $3.52B, matching forecasts. The company expects full-year earnings of $1.80 to $2.40 per share, according to Zacks Investment Research.