U.S. COMPANY FILING
KOHLS Corp — Form 10-Q filed 2025-09-04
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Kohl's Q2 net sales fell 5.1% YoY to $3.35B, but net income surged to $153M from $66M, boosted by a $129M legal settlement gain. The company issued $360M senior secured notes at 10% coupon, repaid $353M maturing debt, and closed an e-commerce fulfillment center. Gross margin improved, but sales declined across all categories. Credit ratings were downgraded.
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