Kohl's Corporation

How has the stock done?

Change in closing price from the first day shown, or with Price the closing price itself. Prices: Yahoo Finance, to Nov 12, 2026. Dashed lines: the days the company released earnings (its SEC 8-K filings); EPS estimates: Yahoo Finance. The stock's move after a release runs from the last close before its day to the close the day after (or five days after), so a release before the open counts like one after the close.

Is the business growing?

In the fiscal year to Jan 2026, Product was 95% and Product and Service Other was 5% of revenue.

Quarters: Kohl's Corporation's SEC filings, named by the month they end. Fiscal years: Kohl's Corporation's annual reports to the SEC.

How it makes money

Of every $100 in revenue, $1.8 ends up as net income. Net margin rose from −0.1% to 1.8% over the past 3 years.

Each margin is that line of the income statement divided by revenue. Fiscal year: Kohl's Corporation's annual reports to the SEC; quarters: SEC filings.

Is inventory piling up?

Kohl's held $2.9B of inventory at the end of Jul 2026, down 2.7% from a year earlier, while its revenue for the quarter fell 0.9% against the same quarter a year earlier. Inventory kept pace with sales. At the last four quarters' cost of sales, the inventory would last 117 days, against 116 a year earlier.

From Kohl's Corporation's SEC filings: inventory at each quarter end, against the same quarter end a year earlier, and the quarter's revenue against the same quarter a year earlier. Inventory days: inventory over the cost of sales of the four quarters to that date, times 365. Gross margin: gross profit over revenue, by quarter.

Customers and suppliers

Partners

Amazon AMZNinvested in Kohl's · Affiliate holds warrants under commercial agreementWarrants for 1,747,441 shares, vested and unexercised as of January 31, 2026; $69.68 exercise price

LLC Lauren ConradDevelops and markets exclusive merchandise brands

NNine WestDevelops and markets exclusive merchandise brands

SSimply Vera Vera WangDevelops and markets exclusive merchandise brands

SephoraOperates Sephora shops and online merchandise salesEqual share of arrangement operating profit

Only the companies Kohl's names in its 10-K filed Mar 19, 2026 (SEC). Hover a name for the filing's own words.

Is it expensive?

P/E of 10.2x, in line with the peer median of 11.3x, but earnings are expected to fall.

In line with the peer median of 11.3x (excludes 1 unprofitable peer).

At 10.2× trailing earnings KSS is above most of its five-year range; the five-year median is 7.8×.

Closing price over diluted earnings per share of the last four reported quarters, as known on each day (a quarter counts 35 days after it ends). From SEC filings; earnings per share adjusted for splits.

What analysts expect

The average analyst price target is $19.21, 18% below the current price; 15% of 13 analysts rate it a buy; earnings beat estimates in all of the last 4 quarters.

Buy or Strong Buy: 2 analysts (15%). Sell or Strong Sell: 5.

Over the past year the average of the analysts' latest price targets went from $11.83 to $19.33 (+63%), while KSS went from $17.50 to $23.50 (+34%). In the past three months targets were raised twice and never cut. 2 upgrades and no downgrades over the year; the latest: Gordon Haskett moved it to Buy from Hold on Oct 22, 2026.

The day after each of these reports the stock moved +53.2% (Oct 2025, beat); −6.8% (Jan 2026, beat); +11.1% (Apr 2026, beat); +2.7% (Jul 2026, beat).

For the quarter ending Oct 2026 (Kohl's reports on Nov 24, 2026), analysts expect an adjusted loss of $0.00 a share, and revenue of $3.4B, down 4% on a year earlier. For the fiscal year ending Jan 2027, they expect adjusted earnings of $2.14 a share, and revenue of $14.9B, down 4% on the year before.

Targets, ratings and earnings estimates: Yahoo Finance. Rating and target changes: Yahoo Finance's list of upgrades and downgrades. The average target on each day is the average of every listed firm's latest target set in the 180 days before it, so it counts fewer analysts than the average target above, and the band is the middle half of those targets (a quarter of the firms are above it, a quarter below); a target set before a stock split is divided by the split. Expected figures: the average of the analysts' estimates (Yahoo Finance). Their EPS is adjusted, as analysts estimate it, so it is set against the adjusted EPS Yahoo reports for the same quarters, not the GAAP EPS of the growth and valuation sections; revenue against the SEC filings. No change is given against a quarter whose reported EPS was more than 50% off its own estimate (often a one-off gain or charge), nor against a year that counts one. Each estimate is pinned to its fiscal period by the report date or the period's end, and one that cannot be is left out.

Where the cash goes

Generated $1.0B in free cash flow over the year, of which $50M went back to shareholders (dividends plus buybacks), leaving $980M in the company.

Kohl's had 118M diluted shares in the quarter ended Jul 2026, 3.5% more than a year earlier, and 4.4% fewer each year on average since Jul 2020. Over the last four quarters its earnings per share rose 24.3% and its net income rose 29.8%: more shares took about 5 points off.

Free cash flow: operating cash flow minus capital spending on property, plant and equipment, from SEC filings, for the last 4 quarters and by quarter. Shares: each quarter's diluted weighted average as filed with the SEC, since the stock's listing and its latest split.

Financial health

Current ratio 1.5, short-term debt is manageable; debt-to-equity 0.4, debt is very low and the balance sheet is solid.

Latest fiscal year balance sheet. Source: Yahoo Finance.

Who holds it

In the filings of 3 funds whose copy leaves KSS out (on the exchange, not in the app yet): Bridgewater Associates, Canada Pension Plan Investment Board, Swiss National Bank.

What did the funds Hunch tracks do?

Of the 83 funds whose 13F filings Hunch reads, 4 held KSS at the end of their latest quarter (for most, Q2 2026). Over that quarter 3 added shares and 1 cut. The largest of them is Tudor Investment Corp Et Al, 775,246 shares worth $13.7M at Jun 30, 2026, 13.2% fewer than a quarter earlier.

From the 13F filings of the 83 funds Hunch tracks, not of every institution: each fund's shares of KSS at its latest quarter end against the quarter before, as filed (long positions only, options left out), the quarter before put on the latest quarter's share count across a split. A fund files 45 days after its quarter ends, so some have a newer quarter than others. Value is at the quarter end.

Are insiders buying or selling?

Officers and directors sold $2.7M of KSS on the open market in the 12 months to Nov 12, 2026; none bought. 96% of the sales were made under 10b5-1 plans, set up in advance. The largest was Jennifer J. Kent (Chief Legal & Corp Affairs Off), who sold $1.5M in 4 sales.

From the Form 4s filed with the SEC about Kohl's Corporation (90 in the 12 months): purchases (code P) and sales (code S) on the open market by its officers and directors, at the price each filing gives (often an average of the day's trades). A sale is a 10b5-1 sale when its filing says it was made under such a plan, set up in advance. Not counted: 157 other transactions (grants and shares withheld for tax).