Kohl's Corp. reported that for the five-week month ended Oct. 1 that sales increased 5.8 percent and comparable store sales increased 4.1 percent over the prior-year period.
Year to date, total sales increased 3.3 percent and comparable store sales increased 1.5 percent.
Kevin Mansell, Kohl's chairman, president and chief executive officer, commented, “We are pleased to report significant improvement in our September sales results. As expected, the Jennifer Lopez and Marc Anthony launches the largest launches in our history and the opening of 31 new stores, generated excitement which resulted in improved customer traffic.”
| % Change | ||||||||||||||||||
|
|
|
Total Sales |
|
Total Sales | Comparable Sales | |||||||||||||
| ($ in millions) |
|
2011 | 2010 |
|
2011 | 2010 |
|
2011 | 2010 | |||||||||
September |
|
$ |
1,631 |
|
$ |
1,542 |
|
5.8 |
% |
|
5.3 |
% |
|
4.1 |
% |
|
3.0 |
% |
Quarter to date |
|
|
3,045 |
|
|
2,958 |
|
3.0 |
|
|
6.5 |
|
|
1.2 |
|
|
3.7 |
|
Year to date |
|
|
11,455 |
|
|
11,093 |
|
3.3 |
|
|
8.5 |
|
|
1.5 |
|
|
5.3 |
|
The company opened 31 new stores in fiscal September and now operates 1,127 stores in 49 states, compared to 1,089 stores at the same time last year.
