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August 4, 2005 KOHL'S CORPORATION REPORTS JULY COMPARABLE STORE SALES MENOMONEE FALLS, Wis., August 4, 2005 Kohl's Corporation (NYSE: KSS) reported today that sales for the four-week period ended July 30, 2005 increased 9.6 percent over the four-week period ended July 31, 2004. On a comparable store basis, sales decreased 0.5 percent. For the second quarter ended July 30, 2005, total sales increased 15.6 percent while comparable store sales increased 5.1 percent. For the 26 weeks ended July 30, 2005, total sales were up 15.4 percent over the 26 weeks ended July 31, 2004. On a comparable store basis, sales for the 26 weeks increased 4.4 percent. The Company remains comfortable with its previous earnings guidance for the second quarter of fiscal 2005 of $0.51 to $0.52 per diluted share.
On July 30, 2005, the Company operated 670 stores in 40 states, compared with 589 stores in 38 states at the same time last year. The Company expects to open approximately 62 additional stores in the third quarter. In August, the Company will open four new stores. The remaining stores, including new entries into Orlando and Jacksonville, Florida, will open in October. Comments regarding the Company's sales results will be provided
in a pre-recorded telephone message. This message is accessible
by calling (402) 220-0820 and will be available for 36 hours. Second Quarter Earnings Release In addition, the call will be Webcast live over the Internet through the Company's Website located at http://www.kohls.com (see "Company News"), or through Broadcast Network's Vcall Website located at http://www.vcall.com. To listen to the call, please go to the Website at least fifteen
minutes early to register, download and install any necessary audio
software. For those who cannot listen to the live broadcast, a replay
will be available shortly after the call. Cautionary Statement Regarding Forward-Looking
Information # # # Investor Relations Contact: Public Relations Contact: |
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