April 6, 2006
KOHL'S CORPORATION REPORTS MARCH COMPARABLE STORE SALES INCREASE
OF 3.7%
MENOMONEE FALLS, Wis., April 6, 2006 Kohl's Corporation
(NYSE: KSS) reported today that sales for the five-week period ended
April 1, 2006 increased 12.7 percent over the five-week period ended
April 2, 2005. On a comparable store basis, sales increased 3.7
percent.
For the nine weeks ended April 1, 2006, total sales increased 13.5
percent while comparable store sales increased 3.6 percent.
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Sales Summary ($ in millions)
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Fiscal Period Ended
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% Inc. - This Year
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April 1,
2006
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April 2,
2005
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All
Stores
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Comp Stores
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March
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$ 1,229.7
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$ 1,091.4
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12.7%
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3.7%
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YTD
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$ 2,048.3
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$ 1,804.1
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13.5%
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3.6%
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On April 1, 2006, the Company operated 741 stores in 41 states,
compared with 652 stores in 40 states at the same time last year.
The Company celebrates the grand opening of eight new stores today,
including its entry into the Portland, OR market with four stores.
Comments regarding the Company's sales results will be provided
in a pre-recorded telephone message. This message is accessible
by calling (630) 652-3100 and will be available for 36 hours, from
Thursday, April 6 at 8:30 AM Eastern Time until Friday, April 7,
at 8:30 PM Eastern Time.
Cautionary Statement Regarding Forward-Looking
Information
This press release contains "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995, including guidance on the Company's targeted
sales and earnings. Kohl's intends forward-looking terminology such
as "believes," "expects," "may," "will,"
"should," "anticipates," "plans,"
or similar expressions to identify forward-looking statements. Such
statements are subject to certain risks and uncertainties, which
could cause Kohl's actual results to differ materially from those
anticipated by the forward-looking statements. These risks and uncertainties
include, but are not limited to those described in Item IA in Kohl's
annual report on Form 10-K, which is expressly incorporated herein
by reference, and other factors as may periodically be described
in Kohl's filings with the SEC.
# # #
Investor Relations Contact:
Wes McDonald, Chief Financial Officer, (262) 703-1893
Public Relations Contact:
Vicki Shamion, Vice President of Public Relations, (262) 703-1464
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