Kohl’s September Comps Jump 16%

Kohl's Corporation sales for the five-week period ended September 30, 2006 increased 26.1% over the five-week period ended October 1, 2005. On a comparable store basis, sales increased 16.3%.

For the 35 weeks ended September 30, 2006, total sales increased 16.2% over the 35 weeks ended October 1, 2005. On a comparable store basis, sales for the 35 weeks increased 7.3%.

Larry Montgomery, Kohl's chairman and chief
executive officer, said, “We are extremely
pleased with our sales performance in September. We continue to see
strong sales performance across all lines of business. All regions of
the country experienced double-digit comparable store sales increases
for the month. We are experiencing healthy increases in both
transactions per store and average transaction value.”

Total sales for the month and year-to-date period include $15.0 million
related to the Company's initial recognition
of gift card breakage revenue. Comparable store sales figures were
unaffected by the revenue recognition.

As a result of the recognition of the gift card breakage revenue, the
Company is raising its guidance for the fiscal third quarter to 56 cents to
59 cents per diluted share from 53 cents to 56 cents per diluted share.

“On Thursday, October 5, 2006, the Company will grand open 65 new stores
in 30 states across the country. This
nationwide opening is the largest one-day opening in our history and it
continues to build on the momentum we have demonstrated this year. I am
very proud of our associates and want to thank them for their hard work,
loyalty and dedication in achieving our goals,”
added Montgomery.