Kohl's low valuation, higher earnings outlook and stronger liquidity support the buy case, but negative comparable sales and estimate cuts cloud the recovery.

The department store received $150 million in tariff refunds in the second quarter, lifting its full-year earnings outlook but not its underlying sales trend

Kohl's (NYSE: KSS) stock rises after Q2 EPS beats expectations at $1.28 and tariff refunds boost 2026 guidance. Get full stock analysis.