Kohl’s (KSS) Comps Up 5.9% in June

Kohl’s Corporation (NYSE: KSS) reported today that total sales for the five-week month ended July 3, 2010 increased 9.1 percent over the five-week month ended July 4, 2009. On a comparable store basis, sales increased 5.9 percent.

For the year-to-date period, total sales increased 9.6 percent and comparable store sales increased 6.2 percent.

Kevin Mansell, Kohl’s chairman, president and chief executive officer, commented, “As expected, we reported stronger sales early in the month as the Memorial Day holiday fell in fiscal June this year. We continue to be pleased with E-commerce sales which were better than planned for the month and have increased almost 50 percent over 2009 year-to-date.”

From a regional perspective, the West and Southeast regions continued their strong year-to-date trends. The Northeast and Mid-Atlantic regions benefited from favorable weather and also outperformed the company. From a line of business perspective, Footwear and Mens achieved the strongest comparable store sales performance during the month.

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