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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.


July 10, 2008
KOHL'S CORPORATION REPORTS JUNE COMPARABLE STORE SALES  

MENOMONEE FALLS, Wis., July 10, 2008 — Kohl’s Corporation (NYSE: KSS) reported today that sales for the five-week period ended July 5, 2008, increased 10.9 percent over the five-week period ended July 7, 2007. On a comparable store basis, sales increased 2.3 percent. 

For the 22 weeks ended July 5, 2008, total sales were up 3.5 percent over the 22 weeks ended July 7, 2007.  On a comparable store basis, sales for the 22-week period decreased 4.8 percent.

Larry Montgomery, Kohl’s Chairman and Chief Executive Officer, commented, “Seasonal businesses such as shorts and tees improved in June as regions such as the Northeast and Mid-Atlantic experienced warmer weather.  All apparel businesses, along with accessories and footwear, achieved positive comparable sales increases.  Our inventories remain well-controlled and we enter July with inventory per store well below last year.”

Sales Summary ($ in millions)
 
Fiscal Period Ended
% Change This Year
July 5, 2008
July 7, 2007
All Stores
Comp Stores
June
 $1,492.5
$1,345.2
10.9%
2.3%
Quarter
$2,698.3
$2,537.1
6.4%
-2.1%
YTD
$6,322.6
$6,109.2
3.5%
-4.8%

On July 5, 2008, the Company operated 957 stores in 47 states, compared to 834 in 46 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, from 8:30 AM EDT on Thursday, July 10 until 8:30 PM EDT on Friday, July 11.  The toll-free, dial-in number for the replay is (888) 360-2596. (No pass code is required.)

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.  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. Kohl’s operates 957 stores in 47 states and will celebrate the opening of its 1,000th store in the fall. A company committed to the communities it serves, Kohl’s has raised more than $102 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:
Wes McDonald, Chief Financial Officer, (262) 703-1893

Media:
Vicki Shamion, Vice President – 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