Kohl's announced that its February 2011 same-store sales increased by 5%. Analysts were expecting an increase of 4.1%. Total revenue for the month increased 7.1% to $1.16 billion.
Kohl's reported that its Q4 2010 earnings were $493 million, or $166 per share, an increase of 14% compared to $431 million, or $1.40 per share a year earlier. Total sales increased 6% to $6.04 billion and same-store sales increased 4.3%. Analysts were expecting sales of $6.03 billion.
Kohl's reported that its Janurary 2011 same-store sales increased by 1.4%, short of the 2.4% that analysts were expecting.
Kohl's announced that its December 2010 comparable store sales increased by 3.9%, below the 4.3% that analysts were expecting. The company did raise the low end of its fourth-quarter outlook. Total revenue increased 5.9% to $3.19 billion, helped by a 66% increase in online revenue.
Kohl's announced that its November 2010 same-store sales increased 6.1%, beating analyst estimates of a 2.8% increase. Total sales increased 8% to $2.02 billion.
Kohl's announced that it raised its Q4 2010 earnings guidance due to a plan to buyback $1 billion of common stock. The company now expects to earn $1.56 to $1.64 per share in the quarter.
Kohl's announced that its Q3 2010 earnings were $194 million, or 66 cents per share, even from $193 million, or 66 cents per share in the prior year period. Net sales increased by 4.2% but SG&A expense increased as well. Comparable store sales for the period increased by 1.8%.
Kohl's announced that its October 2010 comparable store sales fell by 2.5%, compared to the 2.3% increase that analysts were expecting. Total sales fell 1% for the month. Additionally, the company announced that it expects its Q3 2010 earnings to be on the lower end of its guidance. Yet, shares traded higher on positive sales news for other retail companies.
Kohl's reported that its September 2010 same-store sales increased by 3%, just short of the 3.3% that anaysts were expecting. Total sales increased 5.3% to $1.54 billion.
Kohl's announced that its August 2010 same-store sales increased by 4.5%. Analysts were expecting 2.6%. The company had strong sales in home, men's and the footwear categories.
Kohl's announced that its Q2 2010 earnings were $260 million, or 84 cents per share, an increase of 14% compared $229 million, or 75 cents per share in the previous year. Analysts were expecting 82 cents. Total revenue increased 8% and same-store sales for the period increased 5.9%. The company lowered its full year guidance from between $3.57 and $3.75 to an uppoer bound of $3.70.
Kohl's reported that its July 2010 same-store sales increased by 4.1%. Total sales increased by 7.1%. The company increased its Q2 2010 guidance to $0.80 to $0.82 per share, compared to its previous guidance of $0.70 to $0.75.
Kohl's reported that its June 2010 same-store sales rose by 5.9%, short of the 6.5% that analysts were expecting. Total sales rose 9.1% to $1.61 billion.
Kohl's announced that its May 2010 comparable store sales increased by 3.5%, which was higher than the 1.5% that analysts had predicted. Total net sales increased 6.6% to $1.34 billion for the month.
Kohl's reported that it's Q1 2010 earnings were $199 or 64 cents per share, up 45% from $137 million or 45 cents per share in the previous year's quarter. Net sales for the period increased 10.9% and comparable store sales increased by 7.4%. The comapny raised its Q2 guidance to 70 to 75 cents per share, but analysts were expecting 75 cents.
Kohl's announced that it's comparable store sales for the month of april fell 7.7%, slightly better than the 7.8% that analysts were expecting. The company attributes the loss to the shift of Easter into March. Total sales for the period fell 5%.
Kohl's reported that is March 2009 same store sales grew 22.5% compared to the previous year. Net sales for the period increased 26.4%. The company expects to earn 55 to 57 per share in the first quarter, up from a previous estimate of 48 to 52 cents per share.
Kohl's same store sales for the month of February increased by 3.7%. Analysts had expected a 4.1% increase. Total sales grew 7.8 percent to $1.08 billion, from $1 billion.
Kohl's reported that its Q4 2009 earnings were $431 million, or $1.40 per share, an increase of 28% from $336 million or $1.10 per share a year earlier. Net sales increased 9%.
Kohl's reported that it's January sales for stores open more than a year increased by 6.5%. Analysts were expecting an increase of just 2.8%. The company reported that stores were seeing an increased number of transactions.
KSS reported that its December 2009 same store sales rose 4.7% with sales higher across all regions and product categories, with strong growth in the shoes and accessories category. Total sales rose 8.8% to $3.01 billion for the month.
Kohl's reported that its November same store sales rose 3.3%. Analysts were expecting an increase of just 1%.
KSS announced that its Q3 2009 earnings were up 20.6% from the quarter a year ago, from $160 million or 52 cents/share to $193 million or 63 cents/share. This was due to a 2.4% increase in same store sales. The company forecasted earnings of $1.14 to $1.24 per share for its fourth quarter (the holiday season), but analysts were expecting $1.25 per share.
Kohl's reported that its October 2009 sales were up 4.9% from sales in 2008. Comparable store sales were up 1.4% during compared to the same time period.
For Q4 2008, ended Jan 31, 2009, net income for KSS was down 18.4% to $336 million, and earnings per share slid from $1.31 in the previous-year quarter to $1.10 during Q4 2008. KSS continues to combat the weak retail environment but are maintaining operating margins through cost-cutting measures and appealing to price-conscious consumers.
For Q3 2008 (ended Nov. 1, 2008), KSS reported that earnings were down 17% to $160.2 million when compared to the prior-year quarter, and same-store sales dropped 6.7%. Outlook for the holiday season is also grim as economic conditions have pressured consumers to cut spending.
Kohl's Corp. said that same-store sale for May sank 7.2 percent.
Kohl's Corp. reported double-digit declines in first-quarter net income amid one of the worst consumer spending climates in almost two decades. Kohl's net income dropped 27% to $153 million, or 49 cents a share, from $209 million, or 64 cents a share, a year earlier.
Kohl's Corporation announced that it will partner with rockstar Avril Lavigne in the launch of Abbey Dawn, a new lifestyle brand for girls. Kohl's will be the exclusive U.S. retailer for the brand.
Kohl's and Fila Luxembourg announce that the Fila Sport collection will be exclusively retailed in the US by Kohl's as part of a multi-year licensing agreement. Fila Sport includes women's, men's, and children's apparel, footwear, and accessories, bolstering Kohl's strongest areas (especially footwear and men's sportswear). The collection is expected to debut in fall 2008.
Stocks rose on the introduction of Kohl's highly anticipated Food Network product line (exclusive to Kohl's) and the announcement of a cut in the company's S&P debt ratings due to Kohl's share repurchase plan. The launch of Simply Vera--Vera Wang, another private label exclusive to Kohl's, also boosted confidence.
The company reports that the first quarter of 2007 shows an increase of 24.9% in net income.
The company announces same store sales for April declined 10.5%.
