Kohl's rises after smaller-than expected Q1 loss

Kohl's

28/05/2026 13:21

** Shares of Kohl's KSS.N rise 9% to $14.19 premarket 
** The department store chain posts a smaller-than-expected quarterly loss as efforts to cut costs and expand product categories start to pay off
** Posts Q1 net loss / shr of 13 cents; analysts on average expected 19 cents - data compiled by LSEG
** Logs Q1 net sales of $3 billion in line with estimates
** As of last close, stock down ~40% YTD

 (Reporting by Koyena Das from Bengaluru)
 ((Koyena.das@thomsonreuters.com))