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Financial News


At Kohl's, we're always making headlines. Here are our most recent financial news releases. Click on any headline at the right to see the full release.


September 6, 2007
KOHL'S CORPORATION REPORTS AUGUST COMPARABLE STORE SALES

MENOMONEE FALLS, WI, September 6, 2007 — Kohl’s Corporation (NYSE: KSS) reported today that sales for the four-week period ended September 1, 2007 increased 7.1 percent over the four-week period ended August 26, 2006. On a comparable store basis, sales decreased 0.6 percent. 

For the 30 weeks ended September 1, 2007, total sales were up 9.7 percent over the 30 weeks ended August 26, 2006.  On a comparable store basis, sales for the 30-week period increased 2.1 percent.

Larry Montgomery, Kohl’s chairman and chief executive officer, commented, “August sales did not meet our expectations.  Traditional back-to-school businesses such as juniors' and young men’s and boys' performed well.  Demand in other areas of the business such as home, men’s and women’s slowed versus their year-to-date trend.  Regionally, the Northeast was the strongest while we experienced some softness in the southern and southwestern regions.”

The Company continues to expect comparable sales increases for the fiscal third quarter in the 2 percent to 4 percent range as it benefits from a calendar shift in October from November.

Sales Summary ($ in millions)
 
Fiscal Period Ended
% Increase
This Year
 
September 1 ,
2007
August 26,
2006
All Stores
Comp Stores
August
$1,223.4
$1,142.6
7.1%
-0.6%
YTD
$8,384.7
$7,640.5
9.7%
2.1%

On September 1, 2007, the Company operated 834 stores in 46 states, compared to 749 in 43 states at the same time last year. 

Comments regarding the Company’s sales results will be provided in a pre-recorded telephone message, which will be available for 36 hours, beginning at 8:30 AM EDT on Thursday, September 6.  The dial-in number for the replay is (719) 457-0820 (Pass Code:  5110463).

Bank of America Conference
Kevin Mansell, Kohl’s president, will be presenting at the Bank of America 37th Annual Investment Conference at the Ritz-Carlton in San Francisco, Calif. on September 17, 2007 at 10:30 AM (PT). To listen to the live web cast of Kohl’s formal presentation and Q/A session, go to http://www.veracast.com/webcasts/bas/37th-annual-2007/id81108169.cfm on Monday, September 17 at 10:30 AM (PT).  The Breakout Session will also be available by live web cast at http://www.veracast.com/webcasts/bas/37th-annual-2007/id97109543.cfm on Monday, September 17 at 11:00 AM (PT).  After the completion of this conference, a full audio web cast, along with slides, will be available until October 5, 2007.

Investor Conference
The Company will host an investor conference in Indianapolis, Ind. on October 2, 2007, with a management presentation scheduled for approximately 12:30 PM (EDT).  If you are interested in attending and have not received an invitation, please send an e-mail to AnalystConf07Indy@kohls.com to request additional information.

Investors will have the opportunity to listen to the live web cast of the presentation through the Company's web site located at http://www.kohls.com (Select “Investor Relations”/ “Company News”/Scroll down to October 2007), or through Premiere Global Services' web site located at www.kohls.acrobat.com/analystconference.

To view/listen to the presentation, please run a systems test prior to the meeting at https://admin.acrobat.com/common/help/en/support/meeting_test.htm.  If you choose to listen to the streamed event through your PC versus the audio dial-in, your PC speakers must be turned on.  For those who cannot listen to the live broadcast, a replay will be available through November 2, 2007. To listen to the audio replay, dial (888) 203-1112 and enter pass code 4856498.  To archive the web cast replay, please visit the Investor Relations area of Kohl’s web site, available 36 hours after the live broadcast.

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 1A 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.

About Kohl’s
Based in Menomonee Falls, Wis., Kohl’s (NYSE: KSS) is a family-focused, value-oriented specialty department store offering moderately priced, exclusive and national brand apparel, shoes, accessories, beauty and home products in an exciting shopping environment. A company committed to the communities it serves, Kohl’s operates 834 stores in 46 states and has raised more than $85 million for children’s initiatives nationwide through its Kohl’s Cares for Kids® philanthropic program.  For a list of store locations and information, or for the added convenience of shopping online, visit www.kohls.com.

# # #

Investor Relations Contact:
Wes McDonald, Chief Financial Officer, (262) 703-1893

Public Relations Contact:
Vicki Shamion, Vice President of Public Relations, (262) 703-1464


 

Recent Headlines Click on any headline below to view the full release.

 
  September 3, 2008
KOHL'S CORPORATION REPORTS AUGUST COMPARABLE STORE SALES
 
  August 14, 2008
KOHL'S CORPORATION REPORTS EARNINGS OF $0.77 PER DILUTED SHARE FOR SECOND QUARTER OF FISCAL 2008
 
  August 7, 2008
KOHL'S CORPORATION REPORTS JULY COMPARABLE STORE SALES
 
  July 10, 2008
KOHL'S CORPORATION REPORTS JUNE COMPARABLE STORE SALES
 
  June 5, 2008
KOHL'S CORPORATION REPORTS MAY COMPARABLE STORE SALES
 
  May 15, 2008
KOHL'S CORPORATION REPORTS EARNINGS FOR FIRST QUARTER OF FISCAL 2008
 
  May 8, 2008
KOHL'S CORPORATION REPORTS APRIL COMPARABLE STORE SALES
 
  April 30, 2008
KOHL'S OUTLINES STRATEGIC INITIATIVES AT ANNUAL SHAREHOLDERS MEETING
 
  April 10, 2008
KOHL'S CORPORATION REPORTS MARCH COMPARABLE STORE SALES
 
  March 21, 2008
KOHL'S CORPORATION ANNOUNCES FILING OF ITS ANNUAL REPORT ON FORM 10-K
 
  March 6, 2008
KOHL'S CORPORATION REPORTS FEBRUARY COMPARABLE STORE SALES
 
  February 28, 2008
KOHL'S CORPORATION REPORTS EARNINGS FOR FOURTH QUARTER AND FISCAL 2007
 
  February 7, 2008
KOHL'S CORPORATION REPORTS JANUARY SALES
 
  January 10, 2008
KOHL'S CORPORATION REPORTS DECEMBER SALES
 
  December 6, 2007
KOHL'S CORPORATION REPORTS NOVEMBER COMPARABLE STORE SALES
 
  November 15, 2007
KOHL'S CORPORATION REPORTS THIRD QUARTER EARNINGS RESULTS
 
  November 8, 2007
KOHL'S CORPORATION REPORTS OCTOBER COMPARABLE STORE SALES
 
  October 11, 2007
KOHL'S CORPORATION REPORTS SEPTEMBER COMPARABLE STORE SALES
 
  October 2, 2007
KOHL'S UNVEILS FIVE-YEAR STRATEGIC GROWTH PLAN; PLANS TO INCREASE NATIONAL PRESENCE TO 1,400 STORES BY 2012
 
  September 20, 2007
KOHL'S BOARD OF DIRECTORS AUTHORIZES $2.5 BILLION SHARE REPURCHASE PROGRAM
 
  September 6, 2007
KOHL'S CORPORATION REPORTS AUGUST COMPARABLE STORE SALES
 
  August 16, 2007
KOHL'S CORPORATION REPORTS 20.3 PERCENT INCREASE IN SECOND QUARTER EARNINGS PER SHARE OF $0.83
 
  August 9, 2007
KOHL'S CORPORATION REPORTS JULY COMPARABLE STORE SALES
 
  July 12, 2007
KOHL'S CORPORATION REPORTS JUNE COMPARABLE STORE SALES
 
  June 7, 2007
KOHL'S CORPORATION REPORTS MAY COMPARABLE STORE SALES INCREASE OF 10.5 PERCENT
 
  May 17, 2007
KOHL'S CORPORATION REPORTS FIRST QUARTER NET INCOME INCREASE OF 24.9 PERCENT AND DILUTED EARNINGS PER SHARE OF $0.64
 
  May 10, 2007
KOHL'S CORPORATION REPORTS APRIL COMPARABLE STORE SALES
 
  April 12, 2007
KOHL'S CORPORATION REPORTS MARCH COMPARABLE STORE SALES INCREASE OF 16.8 PERCENT