secwatch.observer — SEC 8-K summary
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Issuer:     KOHLS Corp (KSS)
CIK:        0000885639
Form:       8-K
Filed at:   2023-08-23T23:59:59+00:00
Accession:  0001193125-23-218455
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885639/000119312523218455/0001193125-23-218455-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885639/000119312523218455/d523901d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-218455

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