secwatch.observer — SEC 8-K summary
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Issuer:     KOHLS Corp (KSS)
CIK:        0000885639
Form:       8-K
Filed at:   2023-11-21T23:59:59+00:00
Accession:  0001193125-23-281069
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kohl's Q3 EPS $0.53 vs $0.82 YoY; sales down 5.2%; FY23 EPS guidance narrowed
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- Q3 net sales $3.8B (-5.2% YoY); comparable sales -5.5%; inventory declined 13% to $4.2B.
- Diluted EPS $0.53 vs $0.82; net income $59M vs $97M in prior year.
- Gross margin 38.9% (+158 bps); operating income $157M vs $200M.
- FY23 EPS guidance raised low end to $2.30-$2.70 (from $2.10-$2.70); net sales guidance narrowed to (2.8%)-(4%) decline.
- Quarterly dividend $0.50/share declared, payable Dec 20 to holders of record Dec 6.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885639/000119312523281069/0001193125-23-281069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885639/000119312523281069/d780979d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-281069

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