---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-287198"
form_type: "8-K"
ticker: "KSS"
cik: "0000885639"
company_name: "KOHLS Corp"
filed_at: "2022-11-17T23:59:59+00:00"
generated_at: "2026-06-21T17:08:52.898122+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Kohl's Q3 EPS falls 50% to $0.82, comparable sales down 6.9%; withdraws FY2022 guidance amid CEO transition

## Summary
- Q3 net income $97M ($0.82 EPS) vs $243M ($1.65) a year ago; net sales down 7.2% to $4.28B.
- Comparable sales declined 6.9%; gross margin contracted 263 bps to 37.3%.
- Company withdraws full-year 2022 guidance; cites volatility, macro headwinds, and unexpected CEO transition.
- Board formed search committee for new CEO; Tom Kingsbury appointed Interim CEO.
- Completed $500M ASR, repurchased 17.9M shares; quarterly dividend $0.50 per share declared.

## SEC filing metadata
- accession: 0001193125-22-287198
- form_type: 8-K
- ticker: KSS
- cik: 0000885639
- company_name: KOHLS Corp
- filed_at: 2022-11-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885639/000119312522287198/0001193125-22-287198-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885639/000119312522287198/d699793d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-287198
- JSON: https://secwatch.observer/filing/0001193125-22-287198.json
- Plain text: https://secwatch.observer/filing/0001193125-22-287198.txt

## Key facts
- Earnings Releases
  KOHLS Corp reported the quarter ended October 29, 2022 results: revenue $4,277, net income $97, EPS $0.82.
  - Period: the quarter ended October 29, 2022
  - Revenue: $4,277
  - Net income: $97
  - EPS: $0.82
  - Result: reported results
  source text: Total revenue $ 4,277 $ 4,600 (7.0 %) $ 12,079 $ 12,934 (6.6 %) Net sales (1) (7.2 %) 15.5 % (7.1 %) 33.9 % Gross margin 37.3 % 39.9 % (263 ) bps 38.4 % 40.6 % (215 ) bps Selling, general, and administrative expenses $ 1,334 $ 1,380 (3.3 %) $ 3,910 $ 3,791 3.1 % Reported Net income $ 97 $ 243 (60 %) $ 254 $ 639 (60 %) Diluted earnings per share $ 0.82 $ 1.65 (50 %) $ 2.02 $ 4.19 (52 %)
  evidence_url: https://www.sec.gov/Archives/edgar/data/885639/000119312522287198/0001193125-22-287198-index.htm
- Earnings Releases
  KOHLS Corp reported the nine months ended October 29, 2022 results: revenue $12,079, net income $254, EPS $2.02.
  - Period: the nine months ended October 29, 2022
  - Revenue: $12,079
  - Net income: $254
  - EPS: $2.02
  - Result: reported results
  source text: Total revenue $ 4,277 $ 4,600 (7.0 %) $ 12,079 $ 12,934 (6.6 %) Net sales (1) (7.2 %) 15.5 % (7.1 %) 33.9 % Gross margin 37.3 % 39.9 % (263 ) bps 38.4 % 40.6 % (215 ) bps Selling, general, and administrative expenses $ 1,334 $ 1,380 (3.3 %) $ 3,910 $ 3,791 3.1 % Reported Net income $ 97 $ 243 (60 %) $ 254 $ 639 (60 %) Diluted earnings per share $ 0.82 $ 1.65 (50 %) $ 2.02 $ 4.19 (52 %)
  evidence_url: https://www.sec.gov/Archives/edgar/data/885639/000119312522287198/0001193125-22-287198-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.