Kohl's (KSS) Earnings: Q2 Fiscal 2026 Results and Next Report Date

The quarter ended August 1, 2026 and Kohl's published the results on August 26, 2026. Revenue and diluted EPS are shown against Q2 fiscal 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Kohl's reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Kohl's fiscal year ends on the Saturday closest to January 31. Q2 fiscal 2026 is the 13 weeks ended August 1, 2026.
• The year-ago quarter included a $129 million gain on a legal settlement and $11 million of impairments, store closing and other costs, which is why Q2 fiscal 2025 adjusted EPS ($0.56) is far below GAAP EPS ($1.35). Q2 fiscal 2026 had no adjustments.

Source: Kohl's Q2 fiscal 2026 results, August 26, 2026. Also in the Form 10-Q for the quarter ended August 1, 2026. Figures as reported; checked against the release on November 10, 2026.

How Kohl's splits revenue in its own release, under its own labels, for Q2 fiscal 2026 against Q2 fiscal 2025. Indented lines are parts of the line above them.

• Kohl's's Women's revenue was $928 million in Q2 fiscal 2026, down 2% from $943 million in Q2 fiscal 2025, 26% of total revenue.
• Kohl's's Accessories (including Sephora) revenue was $673 million in Q2 fiscal 2026, flat on $673 million in Q2 fiscal 2025, 19% of total revenue.
• Kohl's's Men's revenue was $682 million in Q2 fiscal 2026, down 1% from $689 million in Q2 fiscal 2025, 19% of total revenue.
• Kohl's's Home revenue was $411 million in Q2 fiscal 2026, up 1% from $406 million in Q2 fiscal 2025, 12% of total revenue.
• Kohl's's Children's revenue was $334 million in Q2 fiscal 2026, flat on $335 million in Q2 fiscal 2025, 10% of total revenue.
• Kohl's's Footwear revenue was $290 million in Q2 fiscal 2026, down 4% from $301 million in Q2 fiscal 2025, 8% of total revenue.
• Kohl's's Other revenue revenue was $197 million in Q2 fiscal 2026, down 1% from $199 million in Q2 fiscal 2025, 6% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q2 fiscal 2026 release, Kohl's said:

“Net sales and Comparable sales: A decrease of (1.5%) to flat”

“Adjusted Operating margin: In the range of 3.5% to 4.0%”

“Adjusted Diluted EPS: In the range of $1.80 to $2.40”

“Capital Expenditures: In the range of $350 million to $400 million”

Source: Kohl's Q2 2026 release, Aug 26, 2026.

This is the company's own guidance as of Aug 26, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the KSS forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP total revenue and diluted EPS, each as first reported in that quarter's release. The fourth quarter includes the holiday season.

Kohl's's next report is scheduled for November 24, 2026. This page will show Q2 fiscal 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q2 fiscal 2026 (this page), reported Aug 26, 2026

Kohl's total revenue of $3,515 million in Q2 fiscal 2026 was net sales of $3,318 million plus other revenue of $197 million. Net sales fell 0.9% and comparable sales also fell 0.9%. The 10-Q says the decline came from equal decreases in average transaction value and transaction volume. (Kohl's Q2 2026 release, Aug 26, 2026; Kohl's Form 10-Q, Q2 2026, Sep 3, 2026)

By line of business, Women's was Kohl's largest at $928 million, down 1.6%, followed by Men's at $682 million and Accessories (including Sephora) at $673 million, unchanged from a year earlier. Home rose 1.2% to $411 million and Footwear fell 3.7% to $290 million. Kohl's said Home, Accessories and Children's net sales performed better than the company average. In fiscal 2025, Accessories was the only line of business whose sales grew, by 2.0% to $3,122 million, out of $14,775 million of net sales. (Kohl's Form 10-Q, Q2 2026, Sep 3, 2026; Kohl's Form 10-K, fiscal 2025, Mar 19, 2026)

Kohl's digital sales rose 2.8% in the quarter, and digital penetration was 27% of net sales, against 26% a year earlier. The results presentation says proprietary brands delivered 3% comparable sales growth in Q2, and counts 1,151 stores and 1,100+ Sephora at Kohl's shops. (Kohl's Form 10-Q, Q2 2026, Sep 3, 2026; Kohl's Q2 2026 results presentation (Exhibit 99.2), Aug 26, 2026)

Other revenue at Kohl's covers credit card operations, third-party advertising on its website, unused gift card and merchandise return card breakage, and commissions from its third-party digital marketplace. It fell $2 million in Q2 fiscal 2026 because of lower revenue from credit card operations, driven by lower late fees and finance charges and partly offset by lower write-off activity. (Kohl's Form 10-Q, Q2 2026, Sep 3, 2026)

Kohl's GAAP diluted EPS was $1.28 in Q2 fiscal 2026 and the quarter had no non-GAAP adjustments, so adjusted EPS was also $1.28. A year earlier GAAP EPS of $1.35 included a $129 million gain on a legal settlement and $11 million of impairments, store closing and other costs; excluding them, adjusted EPS was $0.56. (Kohl's Q2 2026 release, Aug 26, 2026)

Kohl's gross margin rose 305 basis points to 43.0% of net sales. Kohl's received approximately $150 million of IEEPA tariff refunds in the quarter, of which approximately $100 million flowed through gross margin; the presentation says part of the refund was recorded as a reduction of inventory, shared with vendors and invested to deliver greater value to customers. (Kohl's Q2 2026 release, Aug 26, 2026; Kohl's Q2 2026 results presentation (Exhibit 99.2), Aug 26, 2026)

Kohl's interest expense, net fell to $63 million from $78 million, and long-term debt was $1,325 million at quarter end, against $1,520 million a year earlier, after $113 million of debt was repurchased in 2026. Diluted shares were 118 million, against 114 million. (Kohl's Q2 2026 release, Aug 26, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Kohl's gives full-year guidance in its release and raised it with Q2 results, including the benefit of IEEPA tariff refunds received in the quarter. For fiscal 2026 it now expects net sales and comparable sales to range from a 1.5% decrease to flat, adjusted operating margin of 3.5% to 4.0% and adjusted diluted EPS of $1.80 to $2.40. Kohl's also said it is restarting share repurchases of up to $100 million in 2026 under its existing $3 billion authorization. (Kohl's Q2 2026 release, Aug 26, 2026)

A consensus figure is the average of the models published by the analysts who cover Kohl's, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Kohl's's own release and filings put weight on for Q2 fiscal 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning KSS is on is KSS a buy or a sell?, what analysts expect next is on the KSS forecast, and what the company does is on the Kohl's (KSS) stock page.

Every number on this page can be traced to a document Kohl's published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.