Overview
- Kohl’s reported first-quarter results on May 28, 2026, with net sales of $3.0 billion, a 1.7% decline, comparable sales down 1.1%, and a net loss of $14 million or $0.13 per share.
- Management said proprietary brands grew about 6% in the quarter and helped improve the performance of Kohl’s credit customers, a trend executives called the company’s best comparable-sales result in over four years.
- Inventory fell 8% year‑over‑year to $2.9 billion and the company carried no borrowings on its revolving credit facility, moves executives said improved liquidity and the balance sheet.
- Kohl’s reaffirmed full‑year 2026 guidance for sales, margins, EPS and capital spending while the Board declared a quarterly dividend of $0.125 per share.
- Investors reacted to the print with a large single‑day jump in the stock as analysts noted the quarter beat some expectations and signaled measured progress in Kohl’s multi-quarter turnaround.