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Kohl's (KSS) Q2 FY27 earnings results (second quarter fiscal 2027)

10-Q filed Sep 3, 2026

Kohl's (KSS) reported revenue of $3.5B for the second quarter fiscal 2027 (Q2 FY27), -0.9% from a year earlier and +11% from the quarter before. Operating margin was 7.4%, net earnings $151M (4.3% of revenue).

Revenue$3.5B
Year over year-0.9%
Quarter over quarter+11%
Operating margin7.4%
Net earnings$151M

Kohl's, Q2 FY27: revenue $3.5B (-0.9% year over year), operating margin 7.4%, net earnings $151M, operating cash flow $552M. The chart follows the revenue to costs, profit and cash.

Q2 FY27AmountQ/QY/Y
Revenue$3.5B+11%-0.9%
Operating profit$261M+467%-6%
Net earnings$151M—-1%
Operating cash flow$552M—-8%
Free cash flow$490M—-4%

What changed

Revenue was $3.5B in Q2 FY27, down 1% year over year and up 11% from the previous quarter. Product was the largest line at 94% of revenue. Product lost $0.03B year over year (down 1%), 94% of the total change.

Operating profit was $0.26B, a 7.4% margin (down 0.4 points year over year). Total costs fell 0% while revenue fell 1%. The fastest-growing cost line was Other operating costs (+204%). Net earnings were $0.15B, down 1% year over year. The effective tax rate was 23.7%.

Operating cash flow was $0.55B (down 8% year over year), 366% of net earnings. Non-cash charges added back $0.17B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.22B. Capital expenditures of $0.06B left free cash flow of $0.49B.

Questions

What was Kohl's revenue in the second quarter fiscal 2027?

Kohl's (KSS) reported revenue of $3.5B for the second quarter fiscal 2027 (Q2 FY27), -0.9% from a year earlier and +11% from the quarter before.

Was Kohl's profitable in the second quarter fiscal 2027?

Operating profit was $261M (7.4% of revenue) and net earnings $151M.

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Source: Kohl's 10-Q on SEC EDGAR.