Kohl's NYSE: KSS reported a 0.9% decline in comparable sales during its second quarter of fiscal 2026, an improvement from earlier trends, as the retailer highlighted gains in proprietary brands, Kohl's Card sales, home, toys and digital. The company also raised its full-year outlook after receiving approximately $150 million in tariff refunds.
Kohl's Corporation (NYSE:KSS) raised its full-year profit forecast on Wednesday after second-quarter earnings crushed Wall Street estimates, helped by roughly $150 million in tariff refunds and a sharp jump in gross margin. The retailer posted adjusted earnings of $1.28 per share, more than double the 57-cent estimate analysts had projected, while revenue of $3.515 billion also topped forecasts of $3.345 billion.
Although the revenue and EPS for Kohl's (KSS) give a sense of how its business performed in the quarter ended July 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Kohl's (KSS) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.56 per share a year ago.
Kohl's recorded lower profit and sales in the second quarter, but raised its outlook thanks to a boost from tariff refunds.
Kohl's hikes it fiscal-year outlook as its CEO touts the company's ‘ongoing progress against our initiatives.'
KSS heads into Q2 with sales expected to slip as pressured shoppers curb spending, while promotions, shipping costs and category weakness weigh on margins.
Evaluate the expected performance of Kohl's (KSS) for the quarter ended July 2026, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
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Kohl's Corporation continues to face earnings headwinds as department store traffic declines and macroeconomic pressures weigh on the sales outlook. The earnings setup going into KSS's Q2 report seems poor. Wall Street assumes a positive trend shift, which fundamentals don't seem to support. I estimate KSS stock to have -22% downside to $15.1.
Kohl's juniors sales rise 10% in Q1, led by So., as proprietary brands gain traction despite softer company-wide comparable sales.
Kohl's rose to its peak as a department store in the 2000s, with a focus on a strong in-store experience, coupons and rewards. Now, after years of stagnant sales and a rough patch on Wall Street, Kohl's is trying to get back to what made it a household name.