“Kohl’s stock spikes 20% as slumping retailer says sales trends are improving”
July 10, 2026
“…The retailer said its net sales decreased 1.7% and its comparable sales slid 1.1% in its fiscal first quarter as it aims to turn around its business and regain market share. In the prior quarter, Kohl’s reported that comparable sales dropped 2.8% from the previous year.
Here’s how the company performed in its fiscal first quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG:
- Loss per share: 13 cents vs. 19 cents expected
- Revenue: $3 billion vs. $2.99 billion expected
For the period ended May 2, Kohl’s reported a net loss of $14 million, or 13 cents per share, compared with a net loss of $15 million, or 13 cents per share, the year prior. Revenue declined from $3.05 billion to $3 billion…”
https://www.cnbc.com/2026/05/28/kohls-kss-earnings-q1-2026.html