Kohl's Corporation reported second-quarter fiscal 2026 results with net sales of $3.3 billion, a 0.9% decrease year-over-year, and comparable sales down 0.9%, while gross margin expanded 305 basis points to 43.0%. Diluted earnings per share came in at $1.28, beating the prior year's adjusted EPS of $0.56, and the company raised its full-year 2026 outlook, now expecting adjusted diluted EPS between $1.80 and $2.40. Kohl's also announced it is restarting its share repurchase program, with up to $100 million in buybacks planned for 2026 under its existing $3 billion authorization. The company received approximately $150 million in tariff refunds during the quarter, of which about $100 million flowed through gross margin, and it declared a quarterly dividend of $0.125 per share payable September 23, 2026.
Kohl's CorporationBeats Q2 EPS estimates, raises full-year outlook, and announces share buybacks.
