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Fitch Affirms Kohl's IDR at 'BBB+'; Outlook Revised to Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed its ratings on Kohl's Corporation (Kohl's), including the Issuer Default Rating (IDR) at 'BBB+', and has revised the Rating Outlook to Stable from Negative. A full list of ratings is provided at the end of this release. KEY RATING DRIVERS The affirmation reflects the company's strong market share position as the third-largest department store retailer in the U.S., convenient off-mall store format, strong EBITDA margin in the 13.8%-14% range

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