This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Kohl's Corp., Jan 2012 Sales/ Trading Statement Call, Feb 02, 2012

Kohl's Corporation (KSS)

February 02, 2012 8:00 am ET


Unknown Executive -


Unknown Executive

Thank you for calling the Kohl's Sales Information line. Information provided on this call is related to the press release issued on February 2 for the January fiscal month. Statements made on this call, including projected financial results, are forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected in such forward-looking statements. Such risks and uncertainties include those that are described in Item 1A in Kohl's annual report on Form 10-KA and as may be supplemented from time to time in Kohl's other filings with the SEC, all of which are expressly incorporated herein by reference.

Also, please note that replays of this call will be available for 36 hours, but this recording will not be updated. So if you're listening after February 2, it is possible that the information discussed is no longer current.

January's comp sales increased 0.6%. Total sales for the 4-week January fiscal month were $844 million, a 2.4% increase over January 2011. For the fourth quarter, total sales decreased 0.3%, and comp sales decreased 2.1%. For the year, total sales increased 2.2% and comparable sales increased 0.5%.

The Northeast was the strongest region, with a mid-single-digit increase. The mid-Atlantic and Southeast had comp increases in the low single digits. The Midwest was slightly negative. The South Central and Southwest regions reported mid- to high-single-digit decreases.

E-commerce sales increased 21% for the month. For the year, E-commerce revenues increased 37% and reached our $1 billion goal. From a line of business perspective, accessories reported the strongest comp for the month, with a mid-single-digit increase. Accessories and handbags were the strongest category, with a greater than 20% comp increase.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.00 0.38%
FB $118.03 -0.46%
GOOG $696.66 -0.22%
TSLA $234.91 -2.80%
YHOO $36.12 -1.10%


Chart of I:DJI
DOW 17,708.51 -182.65 -1.02%
S&P 500 2,060.14 -21.29 -1.02%
NASDAQ 4,765.0240 -52.57 -1.09%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs