Core Viewpoint - Kohl's Corporation reported fourth-quarter earnings that exceeded expectations, leading to a more than 12% increase in share price, despite revenue missing estimates and cautious guidance for fiscal 2026 [1]. Financial Performance - The company posted adjusted earnings per share of $1.07 for the quarter, surpassing the consensus estimate of $0.85 by $0.22 [2]. - Revenue for the quarter was $5.0 billion, slightly below the forecast of $5.02 billion, marking a 3.9% year-over-year decline [2]. - Comparable sales decreased by 2.8% during the period [2]. Fiscal 2026 Guidance - For fiscal 2026, Kohl's projected adjusted earnings per share between $1.00 and $1.60, with a midpoint of $1.30, which is below the analyst consensus of $1.38 [3]. - The retailer anticipates net sales and comparable sales to range from a 2% decline to flat growth during the year [3]. - Adjusted operating margin is forecasted to be between 2.8% and 3.4% [3]. Fiscal 2025 Performance - For fiscal 2025, Kohl's reported net sales of $14.8 billion, a 4.0% decrease from the prior year, while comparable sales fell by 3.1% [4]. - Adjusted diluted earnings per share were $1.62, compared to $1.50 in fiscal 2024 [4]. - Operating cash flow improved significantly, reaching $1.4 billion compared to $648 million in the previous fiscal year [4].