Kohl's Corporation reported that for the five-week month ended Sept. 29, 2012 total sales decreased 1.4 percent and comparable store sales decreased 2.7 percent from the five-week month ended Oct. 1, 2011. Quarter to date, total sales increased 1.7 percent and comparable store sales increased 0.2 percent. Year to date, total sales increased 0.8 percent and comparable store sales decreased 0.9 percent.
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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 |
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September |
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$ |
1,608 |
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$ |
1,631 |
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(1.4 |
%) |
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5.8 |
% |
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(2.7 |
%) |
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4.1 |
% |
Quarter to Date |
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$ |
3,097 |
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$ |
3,045 |
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1.7 |
% |
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3.0 |
% |
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0.2 |
% |
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1.2 |
% |
Year to Date |
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$ |
11,545 |
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$ |
11,455 |
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0.8 |
% |
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3.3 |
% |
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(0.9 |
%) |
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1.5 |
% |
The company opened 12 new stores in September 2012 and now operates 1,146 stores in 49 states, compared to 1,127 stores at the same time last year.
The company remains comfortable with its previous guidance of $0.83 to $0.89 per diluted share for the fiscal third quarter.
