This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

Kohl's Corporation
11/25/2025
Good morning and welcome to the Kohl's Corporation Third Quarter 2025 Earnings Conference Call. All participants are in a listen-only mode. After the speaker's remarks, we will conduct a question and answer session. To ask a question at this time, you'll need to press star followed by the number one on your telephone seat pad. As a reminder, this conference call is being recorded. I'd now like to turn the call over to Trevor Novotny, Director of Investor Relations. Thank you. Please go ahead.
Thank you certain statements made on this call, including those regarding our projected financial results business outlook and future initiatives are forward looking statements. These statements are based on current expectations and assumptions and are subject to certain risks and uncertainties that could cause cold actual results to differ materially from those projected. These risks and uncertainties include but are not limited to the factors described in item 1A of COLE's most recent annual report on Form 10-K and as may be supplemented from time to time in COLE's other filings with the SEC, all of which are expressly incorporated here and by reference. Forward-looking statements relate to the date initially made and COLE's undertakes no obligation to update them. In addition, during this call, we may refer to certain non-GAAP financial measures. Please refer to the cautionary statement and reconciliations of these non-GAAP measures included in the investor presentation filed as an exhibit to our form 8K as filed with the SEC and available on our investor relations website. Please note that this call will be recorded. However, replays of this call will not be updated. So if you are listening to a replay, it is possible that the information discussed is no longer current and Kohl's undertakes no obligation to update such information. With me this morning are John Chlisky, our independent chair of the board, Michael Bender, our chief executive officer, and Jill Tim, our chief financial officer. And I'll turn the call over to John.
Thank you, Trevor, and thank you for joining us this morning. I will be providing some brief introductory remarks, and then I'm going to turn it over to Michael and Jill to go over our third quarter performance, and then we'll take some Q&A. As announced yesterday, the board has appointed Michael Bender as chief executive officer of Kohl's. Michael is a seasoned retail veteran who has a deep understanding of Kohl's business, serving as a board member since 2019, former chair of the board, and most recently as interim CEO since May. In addition to his Kohl's experience, Michael brings over 30 years of senior leadership experience across the retail and consumer goods industries. Over the last six months, the board has gone through an extensive search process to identify our new CEO, and we could not be more thrilled to have Michael as the next leader of this company. There's been a lot of change over the last year at Kohl's, and Michael has proven to be an effective leader, fostering a strong culture and providing stability through the transition. Additionally, during this time as interim CEO, Michael has made important strategic decisions, addressed key areas of opportunities, and helped deliver progressive improvements to the business. Kohl's has a solid foundation for the future, boasting over 1,100 stores and a vast digital platform that serves more than 60 million customers each year. We have the utmost confidence that Michael is the right leader for this company, and we're excited about the substantial opportunity that can be realized under his leadership. On behalf of the board, I'd like to congratulate Michael on his new position. We look forward to supporting him and the management team in this next chapter. With that, I'll now turn the call over to Michael.
You're reading a preview of the KSS Q3 2025 earnings call.
Free account.