Kohl's Q1 earnings top estimates as comparable sales decline less than feared

Kohl's Corporation (NYSE:KSS) reported first quarter 2026 results that showed a smaller-than-expected loss and better-than-anticipated revenue and sales trends, sending its shares up about 17% on Thursday. For the quarter ended May 2, 2026, Kohl's posted a diluted loss of $0.13 per share, beating Wall Street expectations for a loss of $0.21 per share.