Kohl's (KSS) Comp Sales Down 3.2%

Kohl’s Corporation (NYSE: KSS) reported today that sales for the five-week period ending October 6, 2007 increased 5.9% over the five-week period ending September 30, 2006. On a comparable store basis, sales decreased 3.2%.

For the 35 weeks ending October 6, 2007, total sales were up 9.2% over the 35 weeks ending September 30, 2006. On a comparable store basis, sales for the 35-week period increased 1.3%.

Larry Montgomery, Kohl’s Chairman and Chief Executive Officer, commented, “September sales were affected by weak demand in weather-sensitive businesses such as long bottoms, fleece and sweaters. We expect our third quarter earnings to be at the low end of our previous earnings guidance of $0.67 to $0.71 per diluted share.”

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Based in Menomonee Falls, Wis., Kohl’s (NYSE: KSS) is a family-focused, value-oriented specialty department store offering moderately priced, exclusive and national brand apparel, shoes, accessories, beauty and home products in an exciting shopping environment.

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