Kohl's Corporation Reports May Comparable Store Sales
June 02 2011 - 8:30AM
Business Wire
Kohl’s Corporation (NYSE: KSS) reported today that for the
four-week month ended May 28, 2011 total sales increased 2.5
percent and comparable store sales increased 0.8 percent over the
four-week month ended May 29, 2010. Year to date, total sales
increased 3.0 percent and comparable store sales increased 1.2
percent.
Kevin Mansell, Kohl’s chairman, president and chief executive
officer, commented, “From a line-of-business perspective,
Accessories, Home and Children’s outperformed the company average
for the month. The Mid-Atlantic, Northeast and Southeast regions
reported the strongest comparable sales for the month.”
% Change
Total Sales
Total Sales
Comparable Sales
($ in millions)
2011
2010
2011
2010
2011
2010
May $ 1,372 $ 1,338 2.5% 6.6% 0.8% 3.5% Year to date $ 5,534 $
5,373 3.0% 9.8% 1.2% 6.4%
The Company operates 1,097 stores in 49 states, compared to
1,067 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 from
8:30 a.m. ET on Thursday, June 2, 2011 until 8:30 p.m. ET on
Friday, June 3, 2011. 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 1,097 stores in 49 states with a
commitment to environmental leadership. In support of the
communities it serves, Kohl’s has raised more than $180 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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