Kohl's Corporation Reports September Comparable Store Sales
October 07 2010 - 8:30AM
Business Wire
Kohl’s Corporation (NYSE: KSS) reported today that total sales
for the five-week month ended October 2, 2010 increased 5.3 percent
over the five-week month ended October 3, 2009. On a comparable
store basis, September sales increased 3.0 percent. Year to date,
total sales increased 8.5 percent and comparable store sales
increased 5.3 percent.
Kevin Mansell, Kohl’s chairman, president and chief executive
officer, commented, “We are pleased with our sales performance in
September, especially given the comparison to last year’s 5.5
percent comparable store sales increase. The Southeast and Midwest
regions outperformed the company. From a line-of-business
perspective, the Footwear business once again reported the
strongest comparable store sales for the month.”
Fiscal Period Ended
% Change October 2, October 3, All
Comp
2010 2009
Stores Stores ($ in millions) September $
1,542 $ 1,464 5.3 % 3.0 % Quarter-to-date 2,958 2,779 6.5 3.7
Year-to-date 11,093 10,223 8.5 5.3
The Company opened 22 stores in fiscal September and now
operates 1,089 stores in 49 states, compared to 1,059 stores 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, October 7, until 8:30 PM EDT
on Friday, October 8, 2010. The toll-free, dial-in number for the
replay is (888) 360-2596. (No pass code is required.)
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 its 1,089 stores in 49 states with a
commitment to environmental leadership. In support of the
communities it serves, Kohl’s has raised more than $150 million for
children’s initiatives nationwide through its Kohl’s Cares® cause
merchandise program, which operates under Kohl's Cares, LLC, a
wholly-owned subsidiary of Kohl's Department Stores, Inc. For a
list of store locations and information, or for the added
convenience of shopping online, visit www.kohls.com.
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