Kohls Corp
corporate.kohls.comKohl's Corp (NYSE: KSS) is a U.S. department store retailer that sells apparel, footwear, accessories, home goods, and related merchandise through physical stores and digital platforms. Revenue comes primarily from transactional merchandise sales, with a secondary stream from a co-branded and private label credit card program where Kohl's shares in net risk-adjusted revenue, defined as finance charges, late fees, and other revenue less write-offs, with an unrelated third-party card issuer. The company operates stores across multiple U.S. regions, including the Midwest, Southeast, West, Mid-Atlantic, Northeast, and South Central, and owns all of its distribution and e-commerce fulfillment centers except two leased facilities as of January 31, 2026. Women's merchandise generated $3,601 million in FY2025 versus $3,817 million in FY2024, indicating meaningful concentration in that category. Michael J. Bender became CEO effective November 23, 2025. The company declared a quarterly dividend of $0.125 per share on February 25, 2026, making it a dividend payer. Its core customer base skews moderate-income, making results sensitive to U.S. economic conditions, wage levels, and discretionary spending trends.
Products & Services
Apparel including women's (FY2025: $3,601M, FY2024: $3,817M), footwear, accessories, and home merchandise sold under national brands and private labels. Private label and co-branded Kohl's credit cards issued through an unrelated third-party card issuer.
Revenue Model
Transactional merchandise sales through physical stores and e-commerce, supplemented by a revenue-sharing arrangement on a third-party-owned private label and co-branded Kohl's credit card portfolio, where Kohl's receives a share of net risk-adjusted revenue from finance charges, late fees, and other fees less uncollectible write-offs.
Customers & Markets
U.S. consumers, with a core moderate-income customer segment that is especially sensitive to inflation, employment levels, interest rates, and discretionary spending conditions. Demand concentrates during the holiday season, requiring elevated seasonal staffing.
Geographic Exposure
United States only. Stores operate across the Midwest, Southeast, West, Mid-Atlantic, Northeast, and South Central regions. Distribution and e-commerce fulfillment centers located in Ohio, Virginia, Missouri, Texas, New York, California, Georgia, Indiana, and Maryland as of January 31, 2026.
Peers: Dillard's Inc Macy's Inc NORDSTROM INC
Source: SEC 10-K, filed 2026-03-19
Financial Snapshot
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