Kohl's is upgraded to a buy after a better-than-feared Q1 and a 20% post-earnings rally, despite being down 20% YTD. Key categories—women's, kids, and home decor—are showing positive comp sales, supporting the case for a fundamental rebound. KSS's value focus, proprietary brands, and broad national footprint position it for upside in a challenging macro environment.
Kohl's Corporation (KSS) Q1 2027 Earnings Call Transcript
The department-store chain's stock is soaring after sales beat expectations — but it's still trading at a fraction of its record high.
KSS reports a narrower first-quarter loss as margins improve despite lower sales and cautious fiscal 2026 guidance.
Kohl's NYSE: KSS reported what executives described as its strongest quarterly comparable sales performance in more than four years, as the retailer cited gains in proprietary brands, improved inventory management and stabilization among its Kohl's Card customers.
Kohl's Corporation (NYSE:KSS) reported first quarter 2026 results that showed a smaller-than-expected loss and better-than-anticipated revenue and sales trends, sending its shares up about 17% on Thursday. For the quarter ended May 2, 2026, Kohl's posted a diluted loss of $0.13 per share, beating Wall Street expectations for a loss of $0.21 per share.
Kohl's is upgraded to a "Buy," with compelling value after recent declines and macro pressures fully priced in. Q1 results exceeded expectations: EPS loss of $0.13 beat by $0.09, proprietary brands grew 6%, and gross margins held steady at 39.9%. KSS maintains guidance for flat to -2% sales and $1.00-$1.60 EPS, with free cash flow projected at $350–$410 million for deleveraging.
Although the revenue and EPS for Kohl's (KSS) give a sense of how its business performed in the quarter ended April 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 a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to a loss of $0.13 per share a year ago.
Kohl's narrowed its loss during the first quarter on better same-store sales.
Kohl's reported its best comparable sales growth in four years on Thursday even as it saw revenue decline. The retailer beat Wall Street expectations on the top and bottom lines.
KSS heads into Q1 earnings with sales and profit expected to decline as cautious spending, promotions and digital costs weigh on results.