Kohl's Corporation reported sales for the
four-week month ended May 29, 2010 increased 6.6%. On a comparable store basis,
sales
increased 3.5%.
For the year-to-date period, total
sales increased 9.8% and
comparable store sales increased 6.4%.
Kevin Mansell,
Kohl's chairman, president and chief executive officer,
commented, “Our May results were better than planned as business
improved during the last week of the month, offsetting some of the
sales
loss expected with the Memorial Day shift to fiscal June.
E-commerce
sales again increased more than 50 percent for the month.”
From
a regional perspective, the Northeast and Southeast regions led the
company for the month. From a line of business perspective,
Footwear
achieved the strongest comparable store sales performance during
the
month.
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Fiscal Period Ended
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% Change
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May 29, |
May 30, |
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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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May |
|
|
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$1,338 |
|
$1,255 |
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6.6 |
% |
|
3.5 |
% |
Year-to-date |
|
|
|
5,373 |
|
4,894 |
|
|
9.8 |
|
|
6.4 |
|
The company operates 1,067 stores in 49 states,
compared to 1,022 in 49
states at the same time last year.
