Kohl’s Corp reported that sales for the four-weeks ended August 30, increased 2.6% to $1.26 billion from $1.22 billion a year ago. On a comparable store basis, sales decreased 5.8%.
 

Total year-to-date sales were up 2.6% to $8.6 billion over the comparable prior year period. On a comparable store basis, year-to-date sales decreased 5.6%.

 


Kevin Mansell, Kohl’s president and chief executive officer, commented, “As expected, August was more difficult than our expectations of a 2 to 4% comparable sales decrease for the third quarter. Some traditional back-to-school business such as footwear and children’s performed well while other areas such as juniors and young men’s were more challenging. We continue to manage our inventory levels and expenses conservatively in this environment.”


 


On August 30, Kohl’s operated 957 stores in 47 states, compared to 834 in 46 states at the same time last year.