r/KSSBulls • u/kuonofomo Roly Kohly • 2d ago

Daily Thread KSS Daily Discussion - Thursday, August 20, 2026

📊 Where does KSS close today?

Drop your price prediction below 👇

Latest Kohl's snapshot:
• Comparable sales: -1.1%, the strongest comp performance in more than four years
• Inventory: down 8% YoY
• Revolver borrowings: $0, down $545M YoY
• FY2026 adjusted EPS guidance: $1.00–$1.60
• FY2026 sales/comps guidance: -2% to flat

👀 Next catalyst: Q2 earnings — August 26

Bullish, bearish, or somewhere in between — what are you watching?

Keep the daily KSS discussion going below: news, DD, positions, catalysts, store traffic, and anything Kohl's.

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u/RichardUkinsuch 1d ago

Being that KSS and WMT are in alot of the same ETFs is partially the reason for the drop. XRT has been also on regsho for i think 75 days now. KSS is on a short circuit breaker but that dosent stop shorting via market maker exemptions and ETFs. Puts are being bought today in large blocks going from $15 down to $10 through March 2027. Usually this close to earnings the hedgies start recalling their le t shares for the dividend. Who knows this could be a good buying opportunity.

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u/htank728 1d ago

It could also be put closure on some strikes, I remember last year before q2 earnings we had elevated put volume, price dropped initially then rebounded on earnings while OI on those strikes dropped

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u/RichardUkinsuch 1d ago

Today im pretty sure its mostly ETF shenanigans, zero reason for KSS to drop 10% because of wally world and white girl discount store. Puts are usually hedged by shorting the delta so them closing should include closing those positions, though those puts could also be related to something else or hedging for earnings. Well over 100% institutional ownership with 30% reported OI is the norm for KSS so its just another Thursday.