secwatch.observer — SEC 8-K summary
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Issuer:     KOHLS Corp (KSS)
CIK:        0000885639
Form:       8-K
Filed at:   2024-11-26T23:59:59+00:00
Accession:  0001193125-24-265606
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kohl's Q3 EPS $0.20 vs $0.53; CEO Kingsbury to step down; cuts FY outlook
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- Q3 net sales $3.5B, down 8.8% YoY; comparable sales down 9.3%.
- Diluted EPS $0.20, down from $0.53; net income $22M vs $59M.
- CEO Tom Kingsbury stepping down Jan 15, 2025; Ashley Buchanan appointed CEO.
- FY2024 outlook lowered: net sales decline 7%-8%, EPS $1.20-$1.50.
- Gross margin expanded 20 bps to 39.1%; inventory down 3%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885639/000119312524265606/0001193125-24-265606-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885639/000119312524265606/d881588d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-265606

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