UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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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:
Securities registered pursuant to Section 12(b) of the Act:
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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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 17, 2023, Stephanie A. Streeter informed Kohl's Corporation (the “Company”) that she had decided not to stand for re-election as a Director at the Company’s 2023 Annual Meeting of Shareholders. Ms. Streeter’s decision was not due to any disagreements with the Company on any matter relating to the Company’s operations, policies or practices.
As a result of Ms. Streeter’s decision, the size of the Company’s Board of Directors will be reduced from twelve to eleven members effective as of the close of the Company’s 2023 Annual Meeting of Shareholders.
Item 8.01 Other Events.
On February 21, 2023, the Board of Directors of the Company declared a quarterly cash dividend of $0.50 per share. The dividend will be paid on March 29, 2023 to all shareholders of record at the close of business on March 15, 2023. A copy of the press release announcing the dividend is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. |
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Description |
99.1 |
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104 |
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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.
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KOHL'S CORPORATION |
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Date: |
February 22, 2023 |
By: |
/s/ Jennifer Kent |
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Jennifer Kent |
Exhibit 99.1
Kohl’s Declares Quarterly Dividend
MENOMONEE FALLS, Wis.--(BUSINESS WIRE)—February 22, 2023—On February 21, 2023, the Board of Directors of Kohl’s Corporation (NYSE:KSS) declared a regular quarterly dividend of $0.50 per share on the Company’s common stock. The dividend is payable March 29, 2023, to shareholders of record at the close of business on March 15, 2023.
About Kohl’s
Kohl’s (NYSE: KSS) is a leading omnichannel retailer. With more than 1,100 stores in 49 states and the online convenience of Kohls.com and the Kohl's App, Kohl's offers amazing national and exclusive brands at incredible savings for families nationwide. Kohl’s is uniquely positioned to deliver against its strategy and its vision to be the most trusted retailer of choice for the active and casual lifestyle. Kohl’s is committed to progress in its diversity and inclusion pledges, and the company's environmental, social and corporate governance (ESG) stewardship. For a list of store locations or to shop online, visit Kohls.com. For more information about Kohl’s impact in the community or how to join our winning team, visit Corporate.Kohls.com or follow @KohlsNews on Twitter.
Contacts
Investor Relations:
Mark Rupe, (262) 703-1266, mark.rupe@kohls.com
Media:
Jen Johnson, (262) 703-5241, jen.johnson@kohls.com
Document And Entity Information |
Feb. 17, 2023 |
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Cover [Abstract] | |
Document Type | 8-K |
Amendment Flag | false |
Document Period End Date | Feb. 17, 2023 |
Entity Registrant Name | KOHL'S CORP |
Entity Central Index Key | 0000885639 |
Entity Emerging Growth Company | false |
Securities Act File Number | 001-11084 |
Entity Incorporation, State or Country Code | WI |
Entity Tax Identification Number | 39-1630919 |
Entity Address, Address Line One | N56 W17000 Ridgewood Drive |
Entity Address, City or Town | Menomonee Falls |
Entity Address, State or Province | WI |
Entity Address, Postal Zip Code | 53051 |
City Area Code | 262 |
Local Phone Number | 703-7000 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Common Stock, $.01 par value |
Trading Symbol | KSS |
Security Exchange Name | NYSE |
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