---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-152386"
form_type: "8-K"
ticker: "KSS"
cik: "0000885639"
company_name: "KOHLS Corp"
filed_at: "2023-05-24T23:59:59+00:00"
generated_at: "2026-06-14T16:52:34.069240+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Kohl's Q1 net sales down 3.3%, comparable sales down 4.3%; EPS $0.13, affirms FY23 guidance

## Summary
- Net sales $3.4B, down 3.3% YoY; comparable sales down 4.3%.
- Gross margin 39.0%, up 67 bps; operating income $98M vs $82M.
- Diluted EPS $0.13 (flat vs $0.11 prior year); net income $14M unchanged.
- Full year 2023 guidance: net sales down 2-4%, EPS $2.10-$2.70, operating margin ~4.0%.
- Quarterly dividend $0.50/share declared, payable June 21 to record holders June 7.

## SEC filing metadata
- accession: 0001193125-23-152386
- form_type: 8-K
- ticker: KSS
- cik: 0000885639
- company_name: KOHLS Corp
- filed_at: 2023-05-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885639/000119312523152386/0001193125-23-152386-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885639/000119312523152386/d500411d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-152386
- JSON: https://secwatch.observer/filing/0001193125-23-152386.json
- Plain text: https://secwatch.observer/filing/0001193125-23-152386.txt

## Key facts
- Earnings Releases
  KOHLS Corp reported first quarter ended April 29, 2023 results: revenue $3.4 billion, net income $14 million, EPS $0.13. Guidance reaffirmed.
  - Period: first quarter ended April 29, 2023
  - Revenue: $3.4 billion
  - Net income: $14 million
  - EPS: $0.13
  - Guidance: reaffirmed
  - Result: reported results
  source text: Quarter 2023 Results Comparisons refer to the 13-week period ended April 29, 2023 versus the 13-week period ended April 30, 2022 • Net sales decreased 3.3% year-over-year, to $3.4 billion, with comparable sales down 4.3%. • Gross margin as a percentage of net sales was 39.0%, an increase of 67 basis points. • Selling, general & administrative (SG&A) expenses
  evidence_url: https://www.sec.gov/Archives/edgar/data/885639/000119312523152386/0001193125-23-152386-index.htm

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