Kohl's (KSS) Comp Sales Down 3.2%
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Price: $20.10 --0%
Financial Fact:
Depreciation and amortization: 232M
Today's EPS Names:
CIX, FRPH, WMK, More
Financial Fact:
Depreciation and amortization: 232M
Today's EPS Names:
CIX, FRPH, WMK, More
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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.
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.”
Sign up at EasyStockAlerts for free to see your stock news before it breaks to the rest of the public!
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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