Kohls | 10-Q: FY2026 Q3 Revenue: USD 3.575 B

Revenue: As of FY2026 Q3, the actual value is USD 3.575 B.

EPS: As of FY2026 Q3, the actual value is USD 0.07, beating the estimate of USD -0.1793.

EBIT: As of FY2026 Q3, the actual value is USD 148 M.

Segment Revenue

• Net Sales: $3.4 billion for the third quarter of 2025, a decrease of 2.8% from the previous year. Year-to-date net sales were $9.8 billion, down 4.0% from 2024.
• Revenue by Line of Business:
  • Women’s: $844 million in Q3 2025, down 2.9% YoY; $2.6 billion YTD, down 5.7% YoY.
  • Accessories (including Sephora): $669 million in Q3 2025, up 2.9% YoY; $2.0 billion YTD, up 2.8% YoY.
  • Men’s: $677 million in Q3 2025, down 3.4% YoY; $1.95 billion YTD, down 4.5% YoY.
  • Home: $464 million in Q3 2025, down 1.9% YoY; $1.24 billion YTD, down 4.7% YoY.
  • Children’s: $453 million in Q3 2025, down 6.8% YoY; $1.1 billion YTD, down 7.5% YoY.
  • Footwear: $300 million in Q3 2025, down 8.5% YoY; $887 million YTD, down 6.5% YoY.

Operational Metrics

• Gross Margin: 39.6% of net sales in Q3 2025, an increase of 51 basis points YoY. Year-to-date gross margin was 39.8%, up 39 basis points YoY.
• Operating Income: $73 million in Q3 2025, down from $98 million in Q3 2024. Year-to-date operating income was $412 million, up from $307 million in 2024.
• Net Income: $8 million in Q3 2025, down from $22 million in Q3 2024. Year-to-date net income was $147 million, up from $61 million in 2024.

Cash Flow

• Operating Cash Flow: $630 million year-to-date 2025, compared to $52 million in 2024.
• Investing Activities: Used $269 million year-to-date 2025, compared to $363 million in 2024.
• Financing Activities: Used $351 million year-to-date 2025, compared to generating $302 million in 2024.

Future Outlook and Strategy

• Core Business Focus: Kohl’s expects net sales to decrease by 3.5% to 4% for the full year 2025, with comparable sales decreasing by 2.5% to 3%. The adjusted operating margin is projected to be between 3.1% and 3.2%, and adjusted diluted earnings per share are expected to range from $1.25 to $1.45.
• Capital Expenditures: Planned at approximately $400 million for 2025, including investments in Sephora shop rollouts and E-commerce Fulfillment Center expansion.
• Dividend: A quarterly cash dividend of $0.125 per share was declared, payable on December 24, 2025.