KSS news

Kohl's appointed Arianne Parisi as Chief Customer Officer, succeeding outgoing CMS Christie Raymond, in a move combining marketing and digital operations.

Kohl's Corporation announced a regular quarterly dividend of $0.125 per share, payable on September 23, 2026, to shareholders of record on September 9.

Kohl's Corporation entered into an amendment to extend the maturity date of its senior secured credit agreement. The agreement amendment was executed by the Borrowers and Administrative Agent Wells Fargo.

Kohl's has extended a Chief Operating Officer offer to Elliott Rodgers with a $900,000 annual salary, $400,000 signing incentive, and $2.5 million long-term incentive target. The appointment signals leadership changes at the company as it continues operational restructuring.

Kohl's reported first quarter fiscal 2026 results with net sales of $3 billion, down 1.7% year-over-year, and a net loss of $0.13 per diluted share. The company affirmed its full year 2026 outlook while highlighting improved inventory management and strong expense control.

Kohl's Corporation amended and restated its Long-Term Compensation Plan to attract and retain key employees through equity and cash-based awards tied to company performance. The plan revision reflects standard corporate governance practices for incentivizing management and employee stock ownership.

Kohl's Corporation declared a regular quarterly dividend of $0.125 per share, payable June 24, 2026 to shareholders of record as of June 10, 2026. The dividend announcement demonstrates the company's continued capital return to shareholders.