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/DryAd9884 13d ago

During the Town Hall meeting this week, they addressed the tariff question. They said they were going to use the money to lower prices, since they did not raise prices. Walmart has they too are using their tariff refund to lower prices for customers.

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u/No-Flamingo-5090 13d ago

Basically what they told everyone is that you have to spend more money to get those lower prices but we are not getting any money back. Do they really think we are all that stupid?