-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BNNDJjVB1hF6fibuNk/kivCLi+V/nkka5C/V+5FZpls9Yy/wcYXLPZcvvi2sOCms krhNvVupaKacLMOAdqWHQg== 0000892712-06-000700.txt : 20061003 0000892712-06-000700.hdr.sgml : 20061003 20061003093039 ACCESSION NUMBER: 0000892712-06-000700 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20061003 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20061003 DATE AS OF CHANGE: 20061003 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KOHLS CORPORATION CENTRAL INDEX KEY: 0000885639 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-DEPARTMENT STORES [5311] IRS NUMBER: 391630919 STATE OF INCORPORATION: WI FISCAL YEAR END: 0130 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11084 FILM NUMBER: 061122463 BUSINESS ADDRESS: STREET 1: N56 W17000 RIDGEWOOD DR CITY: MENOMONEE FALLS STATE: WI ZIP: 53051 BUSINESS PHONE: 4147835800 MAIL ADDRESS: STREET 1: N54 W13600 WOODALE DR CITY: MENOMONEE FALLS STATE: WI ZIP: 53051 8-K 1 kss8ksales.htm



UNITED STATES


SECURITIES AND EXCHANGE COMMISSION


Washington, D.C. 20549


FORM 8-K


CURRENT REPORT




Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported):  October 3, 2006



KOHL’S CORPORATION

(Exact name of registrant as specified in its charter)



      Wisconsin      

    1-11084   

      39-1630919      

(State or other jurisdiction
of incorporation)

(Commission
File Number)

(IRS Employer
Identification No.)


N56 W17000 Ridgewood Drive
        Menomonee Falls, Wisconsin             

 


   53051  

(Address of principal executive offices)

 

(Zip Code)

 

 

 


Registrant’s telephone number, including area code:  (262) 703-7000


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


¨

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

¨

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

¨

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

¨

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))









The information in this report, including the exhibit attached hereto, is furnished solely pursuant to Item 7.01 of this Form 8-K.  Consequently, it is not deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of that section.  Further, the information in this report, including the exhibit, shall not be deemed to be incorporated by reference into the filings of the registrant under the Securities Act of 1933.


Item 7.01.  Regulation FD Disclosure.


On October 3, 2006, Kohl’s Corporation issued a press release reporting its sales for the five-week period ended September 30, 2006.  A copy of the press release is attached as Exhibit 99.1.


Item 9.01.  Financial Statements and Exhibits.

(d)

Exhibits

 

Exhibit No.

Description



 


99.1

Press Release dated October 3, 2006










SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Dated:  October 3, 2006

KOHL’S CORPORATION




By:  /s/ Richard D. Schepp                          

Richard D. Schepp

Executive Vice President

General Counsel and Secretary








EXHIBIT INDEX



Exhibit No.

Description

 

 

99.1

Press Release dated October 3, 2006








 EX-99.1 2 exh991.htm PRESS RELEASE

Exhibit 99.1


National & Retail Trades and First Call

For release: October 3, 2006 at 8:30 AM (EDT)



KOHL'S CORPORATION REPORTS SEPTEMBER COMPARABLE STORE SALES
INCREASE OF 16.3 PERCENT



MENOMONEE FALLS, WI, -- (Business Wire) – October 3, 2006 -- Kohl’s Corporation (NYSE: KSS) reported today that sales for the five-week period ended September 30, 2006 increased 26.1 percent over the five-week period ended October 1, 2005. On a comparable store basis, sales increased 16.3 percent.  

For the 35 weeks ended September 30, 2006, total sales increased 16.2 percent over the 35 weeks ended October 1, 2005.  On a comparable store basis, sales for the 35 weeks increased 7.3 percent.

Larry Montgomery, Kohl’s chairman and chief executive officer, said, “We are extremely pleased with our sales performance in September.  We continue to see strong sales performance across all lines of business.  All regions of the country experienced double-digit comparable store sales increases for the month.  We are experiencing healthy increases in both transactions per store and average transaction value.”

 

  Sales Summary

($ in millions)

  

 Fiscal Period Ended

        % Inc.              This Year

 

September 30,

October 1,

All

Comp

 

 2006

2005

Stores

Stores

 

 

 

 

 

September

$      1,250.9

$     992.3

26.1%

16.3%

Year To Date

$      8,866.4

$  7,630.7

16.2%

7.3%


Total sales for the month and year-to-date period include $15.0 million related to the Company’s initial recognition of gift card breakage revenue.  Comparable store sales figures were unaffected by the revenue recognition.


As a result of the recognition of the gift card breakage revenue, the Company is raising its guidance for the fiscal third quarter to $0.56 to $0.59 per diluted share from $0.53 to $0.56 per diluted share.


On Thursday, October 5, 2006, the Company will grand open 65 new stores in 30 states across the country.  “This nationwide opening is the largest one-day opening in our history and it continues to build on the momentum we have demonstrated this year.  I am very proud of our associates and want to thank them for their hard work, loyalty and dedication in achieving our goals,” added Montgomery.  

Comments regarding the Company’s sales results will be provided in a pre-recorded telephone message, which will be available for 36 hours (from 8:30 AM EDT on Tuesday, October 3 until 8:30 PM EDT Wednesday, October 4).  The dial-in number for the replay is (719) 457-0820, and the pass code is 4922426.





Investor Conference

The Company will host an investor conference in Tampa, Florida on October 4, 2006, with a management presentation scheduled for approximately 12:30 PM (EDT).


Investors will have the opportunity to listen to the live web cast of the presentation through the Company's web site located at http://www.kohls.com (Select “Investor Relations”/ “Company News”/Scroll down to October 2006), or through Premiere Global Services' web site located at http://www.vcall.com/IC/CEPage.asp?ID=108616. To listen to the presentation, please go to either web site at least fifteen minutes early to register, download and install any necessary audio software.  For those who cannot listen to the live broadcast, a replay will be available through November 3, 2006. To listen to the audio replay, dial (719) 457-0820 and enter pass code 4948839.

Piper Jaffray Retail, Apparel & Footwear Conference

The Company will be participating in the Piper Jaffray Retail, Apparel and Footwear Conference at the Mandarin Oriental hotel in London, England on October 11, 2006, with a management presentation scheduled for approximately 3:30 AM (EDT).


Investors will have the opportunity to listen to the live web cast of the presentation through the Company's web site located at http://www.kohls.com (Select “Investor Relations”/ “Company News”/Scroll down to October 2006), or through Premiere Global Services' web site located at  http://www.vcall.com/IC/CEPage.asp?ID=109870.  To listen to the presentation, please go to either web site at least fifteen minutes early to register, download and install any necessary audio software.  For those who cannot listen to the live broadcast, a replay will be available through November 10, 2006.  To listen to the audio replay, dial (719) 457-0820 and enter pass code 2174334.

Cautionary Statement Regarding Forward-Looking Information

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including guidance on the Company’s targeted sales and earnings.  Kohl's intends forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” “anticipates,” “plans,” or similar expressions to identify forward-looking statements.  Such statements are subject to certain risks and uncertainties, which could cause Kohl's actual results to differ materially from those anticipated by the forward-looking statements.  These risks and uncertainties include, but are not limited to those described in Item 1A in Kohl’s annual report on Form 10-K, which is expressly incorporated herein by reference, and other factors as may periodically be described in Kohl's filings with the S EC.

Investor Relations:  Wes McDonald, Chief Financial Officer, (262) 703-1893

Media:  Vicki Shamion, Vice President – Public Relations, (262) 703-1464




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