Kohl's Corporation sales for the five week fiscal period ended October 4, 2003 increased 18.0% over the five week fiscal period ended October 5, 2002. On a comparable store basis, sales increased 5.5%.
For the 35 weeks ended October 4, 2003, total sales increased 14.8% while comparable store sales increased 0.5%.
Sales Summary
($ in millions)
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Fiscal Period Ended % Inc. - This Year
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October 4, October 5, All Stores Comp Stores
2003 2002
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September $797.4 $675.5 18.0% 5.5%
Year-to Date $5,897.0 $5,136.1 14.8% 0.5%
At October 4, 2003, Kohl's operated 494 stores in 34 states compared with 428 stores in 32 states at the same time last year.
This week, Kohl's opens another 48 stores. The Company enters the Phoenix, AZ market with 10 stores, the Little Rock, AR market with three stores, the Las Vegas, NV market with three stores, the Birmingham, AL market with two stores, the Tucson, AZ market with two stores and the Flagstaff, AZ market with one store. In addition, the Company opens 10 new stores in the Midwest Region, five new stores in the Mid-Atlantic region, five new stores in the Northeast region, three new stores in the Southeast region, two new stores in the Southcentral region, and two new stores in the Southwest region. The Company will end the year with 542 stores compared to 457 stores at the end of 2002.
