Contingencies

9 Months Ended

Nov. 02, 2024

Commitments and Contingencies Disclosure [Abstract]

Contingencies

5. Contingencies

With respect to Kelley v. Boneparth, No. 2:24-cv-00604-LA (E.D. Wis.), described in Note 5, Contingencies, of the Notes to our Consolidated Financial Statements included in our Quarterly Report on Form 10-Q for the fiscal quarter ended August 3, 2024, the plaintiff filed a notice of voluntary dismissal on November 15, 2024.

With respect to the securities putative class action, Shanaphy v. Kohl’s Corporation, No. 2:22-cv- 01016-LA (E.D. Wis.), described in Note 7, Contingencies, of our Annual Report on Form 10-K for the fiscal year ended February 3, 2024, the Court granted the Company’s motion to dismiss on September 30, 2024. The Court set a deadline of November 1, 2024, for the plaintiff to file a motion for leave to file a second amended complaint to the extent the plaintiff believed he could cure the complaint’s deficiencies through amendment. The plaintiff did not file a motion for leave to amend the complaint by the Court’s deadline. On November 5, 2024, the Court entered a judgment in favor of the Company.

In addition to what is noted above, we are subject to certain legal proceedings and claims arising out of the ordinary conduct of our business. In the opinion of management, the outcome of these proceedings and claims will not have a material adverse effect on our Consolidated Financial Statements.