Kohl's Fiscal Q2 Adjusted Earnings Rise, Sales Fall; Raises 2026 Outlook - Shares Down Pre-Bell

07:20 AM EDT, 08/26/2026 (MT Newswires) -- Kohl's (KSS) reported fiscal Q2 adjusted diluted earnings Wednesday of $1.28 per share, up from $0.56 a year earlier. Analysts polled by FactSet expected $0.58. Net sales for the quarter ended Aug. 1 were $3.32 billion, down from $3.35 billion a year earlier. Analysts polled by FactSet expected $3.32 billion. For fiscal 2026, Kohl's raised its adjusted diluted EPS guidance to $1.80 to $2.40, compared with its prior outlook of $1.00 to $1.60. Analysts expect $1.45. The company also said it continues to expect full-year net sales and comparable sales to be between a 1.5% decrease and flat, compared with its prior outlook of a 2% decrease to flat. The board declared a quarterly cash dividend of $0.125 per share, payable on Sept. 23 to shareholders of record as of Sept. 9. Kohl's shares were down 6.5% in premarket trading.