Kohl's Corporation Reports June Comparable Store Sales Increase of 7.1 Percent
July 06 2006 - 8:30AM
Business Wire
Kohl's Corporation (NYSE:KSS) reported today that sales for the
five-week period ended July 1, 2006 increased 15.1 percent over the
five-week period ended July 2, 2005. On a comparable store basis,
sales increased 7.1 percent. For the 22 weeks ended July 1, 2006,
total sales were up 15.0 percent over the 22 weeks ended July 2,
2005. On a comparable store basis, sales for the 22-week period
increased 6.2 percent. -0- *T Sales Summary ($ in millions) Fiscal
Period Ended % Inc. This Year --------------------- -------
---------- July 1, July 2, All Comp 2006 2005 Stores Stores ------
------ -------- -------- June $1,315.7 $1,142.8 15.1% 7.1% YTD
$5,503.4 $4,784.7 15.0% 6.2% *T On July 1, 2006, the Company
operated 749 stores in 43 states, compared with 670 stores in 40
states at the same time last year. Comments regarding the Company's
sales results will be provided in a pre-recorded telephone message.
This message will be accessible by calling (630) 652-3120 and will
be available for 36 hours, from Thursday, July 6 at 8:30 AM Eastern
Time until Friday, July 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 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.
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