Kohl's pleased with May performance
MENOMONEE FALLS, Wis. Kohl's reported Thursday that sales for the four-week period ended June 2 increased 18.5% to $1.2 billion over the four-week period ended May 27, 2006. On a comparable-store basis, sales increased 10.5%.
For the 17 weeks ended June 2, total sales were up 13.4% to 4.8 billion over the 17 weeks ended May 27, 2006. On a comparable-store basis, sales for the 17-week period increased 5.5%.
Larry Montgomery, Kohl's chairman and ceo, commented, "May results were driven by broad-based strength in all of our apparel businesses, footwear and home. We continued our consistent performance as we achieved positive comparable-sales increases in all regions."