<SEC-DOCUMENT>0000892712-24-000051.txt : 20240417
<SEC-HEADER>0000892712-24-000051.hdr.sgml : 20240417
<ACCEPTANCE-DATETIME>20240307141640
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000892712-24-000051
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20240307

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KOHLS Corp
		CENTRAL INDEX KEY:			0000885639
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-DEPARTMENT STORES [5311]
		ORGANIZATION NAME:           	07 Trade & Services
		IRS NUMBER:				391630919
		STATE OF INCORPORATION:			WI
		FISCAL YEAR END:			0129

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		N56 W17000 RIDGEWOOD DR
		CITY:			MENOMONEE FALLS
		STATE:			WI
		ZIP:			53051
		BUSINESS PHONE:		262 703 7000

	MAIL ADDRESS:	
		STREET 1:		N56 W17000 RIDGEWOOD DR
		CITY:			MENOMONEE FALLS
		STATE:			WI
		ZIP:			53051

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	KOHLS CORPORATION
		DATE OF NAME CHANGE:	19930328
</SEC-HEADER>
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<TYPE>CORRESP
<SEQUENCE>1
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: left; text-indent: 4.5pt"><IMG SRC="image_001.gif" ALT="" STYLE="height: 45px; width: 223px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right">Jill Timm<BR>
262.703.2203<BR>
Jill.Timm@kohls.com</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 4.5pt 0 12pt; text-align: justify">March&nbsp;6, <FONT STYLE="letter-spacing: -0.2pt">2024</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0.5pt 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">Aamira Chaudhry and Theresa Brillant<FONT STYLE="background-color: yellow"><BR>
</FONT>U.S. Securities and Exchange Commission<BR>
Division of Corporation Finance<BR>
Office of Trade and Services<BR>
100 F. Street, N.E.<BR>
Washington, D.C. 20549</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0.05pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 27pt"><B>Re:</B></TD><TD><B>Kohl&#8217;s Corporation<BR>
Form 10-K for Fiscal Year Ended January 28, 2023<BR>
File No. 001-<FONT STYLE="letter-spacing: -0.1pt">11084</FONT></B></TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">Dear Ms. Chaudhry and Ms. Brillant<FONT STYLE="letter-spacing: -0.1pt">:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Thank you for taking the
time to discuss the comments set forth in the comment letter from the Staff of the Securities and Exchange Commission (the &#8220;Staff&#8221;)
to Jill Timm, Chief Financial Officer of the Company, dated February&nbsp;28, 2024. On behalf of the Company, we are providing the following
responses to those comments. For your convenience, we have recited each comment from the Staff in bold type and have followed it with
the Company&#8217;s response thereto.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><U>Form 10-K for Fiscal Year Ended January
28, 2023</U></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><U>Item 7. Management's Discussion and Analysis
of Financial Condition and Results of Operations, page 21</U></P>

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<TD STYLE="width: 5.45pt"></TD><TD STYLE="width: 35.35pt">1.</TD><TD STYLE="text-align: justify"><B>We note your prior comment one. Your intended revised disclosure does not appear to quantify the extent
to which changes in net sales are attributable to changes in prices or to change in the volume of goods being sold. Please revise. Refer
to Item 303(b)(2)(iii) of Regulation S-K.</B></TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="letter-spacing: -0.5pt"><U>Response</U></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">As we discussed during our phone conversation,
beginning with our annual report on Form 10-K for the fiscal year ended February 3, 2024, we will quantify the extent to which changes
in net sales are attributable to transactions, average transaction value, and, if material, components of average transaction value.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt"><U>Key Financial Ratio Calculations, page 28</U></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 5.45pt"></TD><TD STYLE="width: 35.35pt">2.</TD><TD STYLE="text-align: justify"><B>We note that your response to prior comment three. It appears that you have only partially addressed
our comment, accordingly, we reissue our comment in part. We note disclosure </B></TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 40.8pt; text-align: justify"><B>that Adjusted EBITDAR is a useful
non&#45;measure that excludes items that are</B></P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 24pt">U.S. Securities and Exchange Commission<BR>
Division of Corporation Finance<BR>
Office of Trade and Services<BR>
March 6, <FONT STYLE="letter-spacing: -0.2pt">2024<BR>
</FONT>Page 2</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 40.8pt; text-align: justify"><B>non&#45;operating in nature and focuses
on terms that are key to your operating performance. Please tell us how you determine that rent is non&#45;operating in nature and is
not key to your operating performance.</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt"><U>Response</U></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0.95pt 12pt 0; text-align: justify">As discussed during our phone conversation,
we confirm that EBITDAR will be removed from all performance measures beginning with our annual report on Form 10-K for the fiscal year
ended February 3, 2024 and will only be used as a component of our capital structure ratio. As we indicated, the capital structure ratio
included in our periodic reports is the same measure that we share with our ratings agencies, is generally consistent with the leverage
ratio financial covenant included in our previous unsecured revolving credit facility and is a ratio that management continues to use
to analyze our debt levels.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0.95pt 12pt 0; text-align: justify; text-indent: 0.5in">Please do not hesitate
to call me at (262) 703-2203 with any questions or further comments you may have regarding these filings or if you wish to discuss the
above response.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 8.6pt 0 12pt; text-align: justify"><FONT STYLE="letter-spacing: -0.1pt">Sincerely,</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 8.6pt 0 12pt; text-align: justify"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;/s/
Jill Timm</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt">Jill Timm<BR>
Chief Financial Officer</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 8.6pt 0 12pt; text-align: justify"><FONT STYLE="letter-spacing: -0.1pt">cc:
Jennifer Kent, Chief Legal Officer and Corporate Secretary</FONT></P>


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