secwatch.observer — SEC 8-K summary
======================================

Issuer:     KOHLS Corp (KSS)
CIK:        0000885639
Form:       8-K
Filed at:   2024-03-12T23:59:59+00:00
Accession:  0001193125-24-065373
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kohl's Q4 EPS $1.67 vs loss; FY2024 guidance $2.10-$2.70; comp sales still down 4.3%
--------------------------------------------------------------------------------

- Q4 net sales $5.7B (-1.1%); comparable sales -4.3%; diluted EPS $1.67 vs ($2.49) loss a year ago.
- FY2023 net sales $16.6B (-3.4%); comparable sales -4.7%; diluted EPS $2.85 vs ($0.15) loss.
- Gross margin improved 937 bps to 32.4% in Q4; FY margin 36.7% (+347 bps); inventory down 10% YoY.
- FY2024 guidance: net sales -1% to +1%; comp sales 0%-2%; operating margin 3.6%-4.1%; diluted EPS $2.10-$2.70.
- Declared Q1 dividend $0.50/share payable April 3; partnership with Babies "R" Us to expand baby gear.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885639/000119312524065373/0001193125-24-065373-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885639/000119312524065373/d750352d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-065373

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer