What changed
Kohl’s Q2 FY26 adjusted EPS of $1.28 compares to $0.56 adjusted in the prior year. Revenue was $3,318M, down 0.9% YoY. FY26 guidance was raised to adjusted EPS of $1.80-$2.40 and revenue of -1.5% to flat. Gross margin expanded 305 bps YoY, aided by tariff refunds.
Why it matters
Kohl’s Q2 FY26 adjusted EPS of $1.28 compares to $0.56 adjusted in the prior year. Revenue was $3,318M, down 0.9% YoY. FY26 guidance was raised to adjusted EPS of $1.80-$2.40 and revenue of -1.5% to flat. Gross margin expanded 305 bps YoY, aided by tariff refunds.