secwatch.observer — SEC 8-K summary
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Issuer:     KOHLS Corp (KSS)
CIK:        0000885639
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0001193125-22-279745
Event type: leadership
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kohl's CEO Michelle Gass to step down Dec 2; Q3 preliminary EPS $0.82, comp sales down 6.9%
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- Michelle Gass resigns as CEO and Board member effective Dec 2, 2022, to accept another opportunity; no disagreement with company.
- Board appoints director Tom Kingsbury as interim CEO effective Dec 2; he is former Burlington Stores CEO and former Kohl's executive.
- Preliminary Q3 results: diluted EPS $0.82, operating margin 4.7%, comparable sales down 6.9%, net sales down 7.2%.
- Full Q3 results to be released Nov 17, 2022; Board forms search committee led by Michael Bender for permanent CEO.
- Mr. Kingsbury also serves on boards of Tractor Supply, BJ's Wholesale Club, and Big Lots.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885639/000119312522279745/0001193125-22-279745-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885639/000119312522279745/d364897d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-279745

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