Kohl’s first-quarter results exceeded estimates, with revenue of $3 billion and a smaller-than-feared comparable sales decline.
Kohl’s Corporation reported a first-quarter diluted loss of $0.13 per share, beating Wall Street’s forecast of a $0.21 loss. Revenue reached $3 billion, slightly above the $2.99 billion estimate, while net sales fell 1.7% year-over-year and comparable sales declined 1.1%, outperforming expectations.
The retailer’s performance marked its best comparable sales result in over four years, driven by disciplined cost management and lower inventories. Kohl’s reiterated its full-year guidance, expecting net and comparable sales to range from a 2% decline to flat, with adjusted EPS between $1 and $1.60.
Shares jumped approximately 17% following the announcement. The company also declared a $0.125 per share dividend, payable June 24, 2026.