Kohl's Corporation sales for the four-week period ended November 25, 2006 increased 12.4% over the four-week period ended November 26, 2005. On a comparable store basis, sales increased 3.7%.
For the 43 weeks ended November 25, 2006, total sales were up 15.1% while comparable store sales increased 6.4%.
Larry Montgomery, Kohl's chairman and chief executive officer, said, “November's performance was at the high end of our comparable store sales guidance of 2 percent to 4 percent for the fourth quarter. We were pleased with our performance over the Thanksgiving weekend. We have a strong marketing calendar and are well-positioned from an inventory perspective to capture market share in December.”
Sales Summary
($ in millions)
Fiscal Period Ended % Inc. This Year
------------------------- ------------ ------------
November 25, November 26, All Comp
2006 2005 Stores Stores
------------ ------------ ------------ ------------
November $1,678.3 $1,493.7 12.4% 3.7%
Year-To-Date $11,791.7 $10,244.0 15.1% 6.4%
On November 25, 2006, the Company operated 817 stores in 45 states, compared with 732 in 41 states at the same time last year.
