Edwyn
Kohl’s Corp’s financial performance over the past five years shows a marked turnaround from a challenging 2021 to a more robust 2022, followed by a period of volatility. In 2021, the company reported revenues of $15,955 million, a gross profit of $5,595 million, and negative operating and net incomes, indicating operational difficulties. However, in 2022, revenue increased by roughly 22% to $19,433 million, with significant improvements in profitability; gross profit expanded to $7,996 million, operating income surged to $1,680 million, and net income turned positive at $938 million. Such a strong improvement likely reflects effective cost management and favorable market conditions within the retail sector during that period. Post-2022, the financial metrics became more variable. In 2023, revenue declined to $18,098 million—a drop of about 7%—and gross profit fell to $6,641 million. Notably, operating income experienced a dramatic decline to $246 million, and net income slipped into a marginal loss (-$19 million), representing significant year-over-year swings of over 80% in operating income. While 2024 and 2025 saw some recovery with revenues of $17,476 million and $16,221 million respectively, the margins remain below the peak levels observed in 2022. Operating income and net income improved modestly in these years, suggesting ongoing challenges in cost control or competitive pressures in the retail environment. Overall, while the 2022 turnaround is a positive indicator, the subsequent volatility calls for cautious monitoring of operational and market strategies to sustain profitability and financial health.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.