Kohl’s Corporation reported total sales for the four-week month ended May 2, 2009 decreased 2.3% from the four-week month ended May 3, 2008. On a comparable store basis, sales decreased 6.2%.


For the quarter and year-to-date period, total sales increased 0.4% and comparable store sales decreased 4.2%.

Kevin Mansell, Kohl’s president and chief executive officer, commented, “Sales results for April exceeded our expectations. Childrens outperformed the Company from a line-of-business perspective and the Southwest was our strongest performing region. As a result of our sales results and inventory management initiatives, our gross margin for the quarter was stronger than planned and our expenses remained well controlled. We now expect earnings of 43 cents to 44 cents per diluted share for the first quarter of fiscal 2009, exceeding our previous guidance of 27 cents to 34 cents per diluted share.”












































































Fiscal Period Ended
% Change This Year
May 2,   May 3, All   Comp
($ in millions) 2009 2008 Stores Stores
April $ 1,199 $ 1,227 -2.3 % -6.2 %
Quarter and
Year-to-Date 3,638 3,624 0.4 -4.2


As of May 2, 2009, the company operated 1,022 stores in 49 states, compared to 957 in 47 states at the same time last year.