Kohl's Corp.'s (KSS) second-quarter guidance for earnings of 56 to 64 cents a share incorporates a total sales decline of between 1% and 4%, with comparable-store sales falling 5% to 8%, executives said Thursday. During a conference call, company officials said they also expect selling, general and administrative expenses to increase 3% to 4% in the quarter ending Aug. 1.

The retailer's outlook for 2009 per-share earnings ranging from $2.19 to $2.42 incorporates similar sales and SG&A expense expectations.

Earlier Thursday, Kohl's posted a smaller-than-expected 10% drop in first-quarter profit and raised its full-year earnings view from an earlier range of $2 to $2.30 a share.

"We don't feel one quarter's results are enough to change our generally conservative view of the remainder of the year," President and Chief Executive Kevin Mansell said. "We expect the consumer to continue to be reluctant to spend and demand to continue to be weak."

Kohl's shares recently rose 0.8% to $42.29.

-By Mary Ellen Lloyd, Dow Jones Newswires; 704-948-9145; maryellen.lloyd@dowjones.com