Overview

• Shares spiked about 24% intraday on Aug. 27 after Kohl’s topped fiscal Q2 expectations and lifted full‑year profit guidance.
• Adjusted EPS came in at $0.56 versus the roughly $0.29 analysts anticipated, with revenue at $3.35 billion modestly above forecasts.
• Management raised its 2025 EPS outlook to $0.50–$0.80 from $0.10–$0.60, signaling greater confidence in profitability.
• Margins improved as gross margin neared 40% (up 28 basis points year over year) and SG&A expenses fell by more than 4%.
• Key risks persist with same‑store sales down 4.2% in Q2 and no permanent CEO in place, while trading remains volatile following a meme‑style spike in July.