Kohl's rises after smaller-than-expected Q1 loss

Kohl's

28/05/2026 15:12

Updates
** Shares of Kohl's KSS.N up as much as 25% at $16.22 
** Stock set for its best day since December 2025, if gains hold  
** 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 of 13 cents per share; analysts on average expected loss of 19 cents per share - 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))