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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  May 7, 2020

KOHL’S CORPORATION

(Exact name of registrant as specified in its charter)

 

      Wisconsin      

  001-11084  

       39-1630919       

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

    N56 W17000 Ridgewood Drive    

     Menomonee Falls, Wisconsin     

53051

(Address of principal executive offices)

(Zip Code)

Registrant's telephone number, including area code:  (262) 703-7000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange on

which registered

Common Stock, $.01 par value

KSS

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

 

 

 


 

Item 7.01.   Regulation FD Disclosure.    

Kohl’s Corporation (the "Company") has updated its lines of business reporting methodology in light of recent merchandising organizational changes.  While the Company’s lines of business will remain unchanged, there have been reclassifications within each of the Company's lines of business to reflect how leadership is currently managing the business.

Set forth below are tables showing the Company’s historical net sales data using the new line of business methodology for sales in 2018 and 2019, by quarter and full year. The information presented only reflects the reclassification of the Company's lines of business and no other adjustments to the historical information have been made.

 

 

 

Three Months Ended

 

Twelve Months Ended

Dollars in Millions

May 4,
2019

 

August 3,
2019

 

November 2,
2019

 

February 1,
2020

 

February 1,
2020

Women's

1,224

 

1,377

 

1,267

 

1,434

 

5,302

Men's

749

 

890

 

899

 

1,289

 

3,827

Home

572

 

575

 

639

 

1,463

 

3,249

Children's

457

 

459

 

649

 

895

 

2,460

Accessories

398

 

416

 

431

 

972

 

2,217

Footwear

421

 

452

 

473

 

484

 

1,830

Net Sales

3,821

 

4,169

 

4,358

 

6,537

 

18,885

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Twelve Months Ended

Dollars in Millions

May 5,
2018

 

August 4,
2018

 

November 3,
2018

 

February 2,
2019

 

February 2,
2019

Women's

1,260

 

1,444

 

1,290

 

1,458

 

5,452

Men's

754

 

910

 

885

 

1,279

 

3,828

Home

634

 

603

 

646

 

1,458

 

3,341

Children's

456

 

465

 

652

 

891

 

2,464

Accessories

408

 

419

 

425

 

975

 

2,227

Footwear

441

 

469

 

471

 

474

 

1,855

Net Sales

3,953

 

4,310

 

4,369

 

6,535

 

19,167

 

The information in Item 7.01 is furnished solely pursuant to Item 7.01 of Form 8-K. Consequently, such information is not deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of that section. Further, the information in Item 7.01 shall not be deemed to be incorporated by reference into the filings of the registrant under the Securities Act of 1933.

Item 9.01.   Financial Statements and Exhibits.

 

Exhibit No.

 

Description

 

 

 

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document)

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated:  May 7, 2020

KOHL'S CORPORATION

 

 

 

 

 

 

 

By:

 

/s/ Jason J. Kelroy

 

 

 

 

Jason J. Kelroy

 

 

 

 

Executive Vice President,

 

 

 

 

General Counsel and Secretary

 

 

 

 

 

 

 

 

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