---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-055103"
form_type: "8-K"
ticker: "KSS"
cik: "0000885639"
company_name: "KOHLS Corp"
filed_at: "2023-03-01T23:59:59+00:00"
generated_at: "2026-06-18T19:35:25.756520+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Kohl's reports Q4 net loss of $273M, comparable sales down 6.6%; FY23 EPS guidance $2.10-$2.70

## Summary
- Q4 net sales $5.8B (-7.2% YoY), comparable sales -6.6%; gross margin 23.0% (down 1016 bps).
- Q4 operating loss $302M vs income $450M prior year; net loss $273M ($2.49 diluted loss per share).
- Full year net sales $17.2B (-7.1%), net loss $19M ($0.15 diluted loss per share).
- FY23 guidance: net sales down 2-4%, operating margin ~4.0%, diluted EPS $2.10-$2.70.
- Dividend $0.50/share declared, payable March 29; retired $164M bonds, plans to retire $111M more.

## SEC filing metadata
- accession: 0001193125-23-055103
- form_type: 8-K
- ticker: KSS
- cik: 0000885639
- company_name: KOHLS Corp
- filed_at: 2023-03-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885639/000119312523055103/0001193125-23-055103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885639/000119312523055103/d475649d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-055103
- JSON: https://secwatch.observer/filing/0001193125-23-055103.json
- Plain text: https://secwatch.observer/filing/0001193125-23-055103.txt

## Key facts
- Earnings Releases
  KOHLS Corp reported the full year 2023 results: revenue A decrease of (2%) to (4%), EPS In the range of $2.10 to $2.70. Guidance initiated.
  - Period: the full year 2023
  - Revenue: A decrease of (2%) to (4%)
  - EPS: In the range of $2.10 to $2.70
  - Guidance: initiated
  - Result: guidance update
  source text: For the full year 2023, the Company currently expects the following: • Net sales: A decrease of (2%) to (4%), includes the impact of the 53rd week which is worth approximately 1% year-over-year. • Operating margin: Approximately 4.0%. • Diluted earnings per share: In the range of $2.10 to $2.70, excluding any non-recurring charges.
  evidence_url: https://www.sec.gov/Archives/edgar/data/885639/000119312523055103/0001193125-23-055103-index.htm
- Earnings Releases
  KOHLS Corp reported the quarter ended January 28, 2023 results: revenue $5.8 billion, net income $273 million, EPS ($2.49) per diluted share.
  - Period: the quarter ended January 28, 2023
  - Revenue: $5.8 billion
  - Net income: $273 million
  - EPS: ($2.49) per diluted share
  - Result: reported results
  source text: 2022 Results Comparisons refer to the 13-week period ended January 28, 2023 versus the 13-week period ended January 29, 2022 • Net sales decreased 7.2% year-over-year, to $5.8 billion, with comparable sales down 6.6%. • Gross margin as a percentage of net sales was 23.0%, a decrease of 1,016 basis points. Clearance markdowns impacted margin by approximately
  evidence_url: https://www.sec.gov/Archives/edgar/data/885639/000119312523055103/0001193125-23-055103-index.htm
- Earnings Releases
  KOHLS Corp reported the fiscal year ended January 28, 2023 results: revenue $17.2 billion, net income $19 million, EPS ($0.15) per diluted share.
  - Period: the fiscal year ended January 28, 2023
  - Revenue: $17.2 billion
  - Net income: $19 million
  - EPS: ($0.15) per diluted share
  - Result: reported results
  source text: Year 2022 Results Comparisons refer to the 52-week period ended January 28, 2023 versus the 52-week period ended January 29, 2022 • Net sales decreased 7.1% year-over-year, to $17.2 billion, with comparable sales down 6.6%. • Gross margin as a percentage of net sales was 33.2%, a decrease of 485 basis points. • SG&A expenses increased 2.0% year-over-year, to $5.6
  evidence_url: https://www.sec.gov/Archives/edgar/data/885639/000119312523055103/0001193125-23-055103-index.htm

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