---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-218455"
form_type: "8-K"
ticker: "KSS"
cik: "0000885639"
company_name: "KOHLS Corp"
filed_at: "2023-08-23T23:59:59+00:00"
generated_at: "2026-06-11T05:15:01.642848+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Kohl's Q2 EPS $0.52 vs $1.11 YoY; net sales down 4.8%; reaffirms FY23 guidance

## Summary
- Net sales $3.7B, down 4.8%; comparable sales down 5.0%.
- Gross margin 39.0%, down 61 bps; SG&A expense ratio up 208 bps to 33.5%.
- Inventory decreased 14% to $3.5B; operating cash flow $430M for Q2.
- Full-year 2023 guidance reaffirmed: net sales decline (2%) to (4%); diluted EPS $2.10-$2.70.
- Dividend of $0.50 per share declared, payable Sept 20, 2023.

## SEC filing metadata
- accession: 0001193125-23-218455
- form_type: 8-K
- ticker: KSS
- cik: 0000885639
- company_name: KOHLS Corp
- filed_at: 2023-08-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/885639/000119312523218455/0001193125-23-218455-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885639/000119312523218455/d523901d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-218455
- JSON: https://secwatch.observer/filing/0001193125-23-218455.json
- Plain text: https://secwatch.observer/filing/0001193125-23-218455.txt

## Key facts
- Earnings Releases
  KOHLS Corp reported second quarter ended July 29, 2023 results: revenue $3.7 billion, net income $58 million, EPS $0.52 per diluted share. Guidance reaffirmed.
  - Period: second quarter ended July 29, 2023
  - Revenue: $3.7 billion
  - Net income: $58 million
  - EPS: $0.52 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Net sales decreased 4.8% year-over-year, to $3.7 billion, with comparable sales down 5.0%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/885639/000119312523218455/0001193125-23-218455-index.htm

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