Kohl’s (KSS) Reports 3.5% Increase in Comps for May

Kohl’s Corporation (NYSE: KSS) reported today that total sales for the four-week month ended May 29, 2010 increased 6.6 percent from the four-week month ended May 30, 2009. On a comparable store basis, sales increased 3.5 percent.

For the year-to-date period, total sales increased 9.8 percent and comparable store sales increased 6.4 percent.

Kevin Mansell, Kohl’s chairman, president and chief executive officer, commented, “Our May results were better than planned as business improved during the last week of the month, offsetting some of the sales loss expected with the Memorial Day shift to fiscal June. E-commerce sales again increased more than 50 percent for the month.”

From a regional perspective, the Northeast and Southeast regions led the company for the month. From a line of business perspective, Footwear achieved the strongest comparable store sales performance during the month.

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