Kohl's Corporation filed its Form 10-Q for the quarterly period ended August 1, 2026 with the U.S. Securities and Exchange Commission, reporting net income of $151 million for the second fiscal quarter and $137 million for the six months ended on that date.

Key Highlights

  • Second-quarter net sales: $3,318 million for the three months ended August 1, 2026, compared with $3,347 million in the prior-year quarter.
  • Six-month net income: $137 million for the six months ended August 1, 2026, versus $139 million for the same period ended August 2, 2025.
  • Diluted EPS: $1.28 per share for the second quarter and $1.18 per share for the six-month period, according to the filing.
  • Cash position: Cash and cash equivalents totaled $821 million as of August 1, 2026, up from $674 million at January 31, 2026.
  • Shares outstanding: 113,376,445 shares of common stock were outstanding as of August 28, 2026.
  • Dividends paid: $0.25 per common share for the six months ended August 1, 2026, consistent with the prior-year six-month period.
  • Long-term debt reduced: Long-term debt stood at $1,325 million as of August 1, 2026, down from $1,436 million at January 31, 2026.

Kohl's Fiscal Second Quarter 2026 Financial Position and Operating Results

According to the filing, Kohl's Corporation (NYSE:KSS) reported total revenue of $3,515 million for the three months ended August 1, 2026, compared with $3,546 million for the three months ended August 2, 2025. Net sales for the same periods were $3,318 million and $3,347 million, respectively. Operating income for the second quarter was $261 million, versus $279 million in the year-ago quarter. The company disclosed that the prior-year quarter included a gain on legal settlement of $129 million and impairment and store closing costs of $11 million, neither of which appeared in the current quarter.

For the six months ended August 1, 2026, the filing reported net cash provided by operating activities of $478 million, compared with $506 million in the prior-year period. Capital expenditures were $146 million for the six-month period, down from $200 million a year earlier. The company repaid $113 million of long-term borrowings during the six months ended August 1, 2026, and recorded a $15 million discount on the redemption of debt, according to the cash flow statement.

Total shareholders' equity increased to $4,168 million as of August 1, 2026, from $4,048 million at January 31, 2026 and $3,927 million at August 2, 2025. Merchandise inventories were $2,913 million at August 1, 2026, compared with $2,745 million at January 31, 2026. The filing states that the financial statements were prepared in accordance with U.S. GAAP and that "all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included," per management's representation in the notes.

What Was Disclosed

Kohl's Corporation filed a quarterly report covering the period ended August 1, 2026, disclosing consolidated income statements, balance sheets, cash flows, and changes in shareholders' equity. The filing also noted 113,376,445 common shares outstanding as of August 28, 2026.