secwatch.observer — SEC 8-K summary
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Issuer:     KOHLS Corp (KSS)
CIK:        0000885639
Form:       8-K
Filed at:   2024-08-28T23:59:59+00:00
Accession:  0001193125-24-208232
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kohl's Q2 net sales down 4.2% to $3.5B; EPS up to $0.59; FY2024 guidance lowered
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- Comparable sales declined 5.1%; inventory down 9% year-over-year.
- Gross margin improved 59 bps to 39.6%; SG&A expenses decreased 4.2%.
- Net income $66M (diluted EPS $0.59) vs $58M ($0.52) prior year.
- FY2024 guidance: net sales down 4-6%, comps down 3-5%, diluted EPS $1.75-$2.25.
- Quarterly dividend of $0.50/share declared, payable Sept 25, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885639/000119312524208232/0001193125-24-208232-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885639/000119312524208232/d10213d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-208232

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