Kohl's Corporation reported that for the four-week month ended Feb. 25, 2012 total sales increased 1.1 percent and comparable store sales decreased 0.8 percent compared to the four-week month ended February 26, 2011.
Kevin Mansell, Kohl's chairman, president and chief executive officer, commented, “February's sales results were as expected. From a regional perspective, the cold weather regions Midwest and Northeast – outperformed the company average for the month. Accessories, Men's and Children’s all reported positive comparable store sales. We are very pleased with the initial sales of the Rock & Republic brand which launched this month.”
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% Change | ||||||||||||||
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Total Sales |
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Total Sales | Comparable Sales | |||||||||||||
($ in millions) |
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2012 | 2011 |
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2012 | 2011 |
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2012 | 2011 | |||||||||
February |
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$ |
1,173 |
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$ |
1,161 |
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1.1 |
% |
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7.1 |
% |
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(0.8 |
%) |
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5.0 |
% |
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The company operates 1,127 stores in 49 states, compared to 1,089 stores at the same time last year.