finance.yahoo.com

Kohl’s Q2 Profit Beat Lifts Outlook as Tariff Refunds Boost Margins

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Sig2.72Sen+4.35Env0.00Soc0.00Gov0.00

Kohl’s reported a Q2 profit far stronger than expected and raised full-year adjusted earnings guidance to $1.80-$2.40 per share. The earnings beat came despite net sales and comparable sales falling 0.9%, with margins supported by about $150 million in IEEPA tariff refunds. Back-to-school and holiday demand remain the key next test as sales stabilize.

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