Kohl's (KSS) Tops Q1 EPS by 8c
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Kohl's signals sales trend improvements, shares jump 15%
May 28, 2026 7:36 AM EDTBy Sanskriti Shekhar and Danielle Kaye
May 28 (Reuters) - U.S. department store chain Kohl's stuck to its annual targets after posting a smaller-than-expected first-quarter loss on Thursday, signaling that turnaround efforts under new CEO Michael Bender have started to pay off.
Kohl's shares, which have declined about 37% this year through Wednesday, climbed more than 15% in early trading; investors welcomed signs of improving sales trends, including the retailer's best comparable sales performance in more than four years.
Comparable sales fell 1.1% while net sales slid 1.7% to $3 billion for the quarter ended May 2, in line with estimates.
The company named Bender... More
