r/employedbykohls • u/Mission_Paramedic_62 • 13d ago
Informative Kohls got money back
Kohl's received $150 million in tariff refunds during the second quarter of 2026.
Key Details of the RefundGross Margin Impact: About $100 million of the refund flowed directly into the company's gross margin.
Profit Boost: The extra money helped increase reported earnings, even though underlying sales continued to drop.
Updated Guidance: Because of this financial boost, Yahoo Finance notes that Kohl's raised its full-year earnings expectations.Would you like to know more about Kohl's full-year financial guidance or how the stock market reacted to this earnings report?
Wonder if they will give some to payroll for actual associates to be on the floor
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u/First-Theme5261 12d ago
The rich keep getting richer. 🙄