Kohl's Corp reported sales for the five-week month ended Oct. 2, 2010 increased 5.3% over the five-week month ended October 3, 2009. On a comparable store basis, September sales increased 3.0%.
Year to date, total sales increased 8.5% and comparable store sales increased 5.3%.
Kevin Mansell, Kohl's chairman, president and chief executive officer, commented, “We are pleased with our sales performance in September, especially given the comparison to last year's 5.5 percent comparable store sales increase. The Southeast and Midwest regions outperformed the company. From a line-of-business perspective, the Footwear business once again reported the strongest comparable store sales for the month.”
Fiscal Period Ended | % Change | ||||||||||||||
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October 2, |
October 3, |
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All |
Comp |
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2010 |
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2009 |
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Stores |
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Stores | ||
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($ in millions) |
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September |
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$ 1,542 |
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$ 1,464 |
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5.3 |
% |
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3.0 |
% |
Quarter-to-date |
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2,958 |
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2,779 |
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6.5 |
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3.7 |
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Year-to-date |
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11,093 |
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10,223 |
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8.5 |
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5.3 |
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The company opened 22 stores in fiscal September and now operates 1,089 stores in 49 states, compared to 1,059 stores at the same time last year.