-----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, I7vSHyRt7jEaPErJsFZ5FveXVkibP3hbH2GlGcGb5hzTlctP2zQswzy4JD4XTgbj 9yMGUXnTdk04F5eiuOp3iw== 0001181431-10-006542.txt : 20100204 0001181431-10-006542.hdr.sgml : 20100204 20100204083342 ACCESSION NUMBER: 0001181431-10-006542 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100204 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100204 DATE AS OF CHANGE: 20100204 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: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11084 FILM NUMBER: 10572515 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 rrd264940.htm JANUARY 2010 SALES RELEASE Prepared By R.R. Donnelley Financial -- Form 8-K
 
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):  02/04/2010
 
Kohl's Corporation
(Exact name of registrant as specified in its charter)
 
Commission File Number:  1-11084
 
Wisconsin
  
39-1630919
(State or other jurisdiction of
  
(IRS Employer
incorporation)
  
Identification No.)
 
N56 W17000 Ridgewood Drive
Menomonee Falls, Wisconsin
53051
(Address of principal executive offices, including zip code)
 
262-703-7000
(Registrant’s telephone number, including area code)
 
(Former name or former address, if changed since last report)
 
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))
 

 
Item 2.02.    Results of Operations and Financial Condition
 
On February 4, 2010, Kohl's Corporation issued a press release reporting its sales for the four-week period ended January 30, 2010 and providing updated guidance for the fourth quarter of fiscal 2009. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
 
 
Item 9.01.    Financial Statements and Exhibits
 
Exhibit
No.          Description
99.1         Press Release dated February 4, 2010
 

 

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.
 
           
Kohl's Corporation
 
 
Date: February 04, 2010
     
By:
 
/s/    Richard D. Schepp

               
Richard D. Schepp
               
Executive Vice President, General Counsel and Secretary
 
 
EX-99.1 2 rrd264940_31122.htm PRESS RELEASE DATED FEBRUARY 4, 2010 National & Retail Trades and First Call

KOHL'S CORPORATION REPORTS JANUARY COMPARABLE STORE SALES

Raises Fourth Quarter Earnings per Share Guidance

MENOMONEE FALLS, WI, -- (Business Wire) - February 4, 2010 -- Kohl's Corporation (NYSE: KSS) reported today that total sales for the four-week month ended January 30, 2010 increased 10.7 percent from the four-week month ended January 31, 2009. On a comparable store basis, sales increased 6.5 percent.

Total sales for the year increased 4.8 percent from the prior year. On a comparable store basis, sales for the year increased 0.4 percent.

Kevin Mansell, Kohl's chairman, president and chief executive officer, commented, "Our January sales results reflect continued consistency as all of our lines of business and all regions once again achieved positive comparable sales increases. We continue to see strong increases in transactions per store driving our business, indicating customers are selecting Kohl's when they choose to shop, even as they remain conservative in their discretionary spending."

From a regional perspective, the Southwest region led the company, as it has throughout most of 2009. From a line-of-business perspective, Footwear and Womens reported the strongest comparable store sales increases.

As a result of its January sales performance and strong inventory and expense management, the Company is raising its fourth quarter earnings per share guidance from $1.28 to $1.30 per diluted share to $1.36 to $1.37 per diluted share.

 

Fiscal Period Ended

% Change

 

Jan. 30,

Jan. 31,

All

Comp

 

2010

2009

Stores

Stores

($ in millions)

       

Month

$ 798

$ 720

10.7%

6.5%

Quarter

5,682

5,235

8.5

4.5

Year

17,178

16,389

4.8

0.4

As of January 30, 2010, the Company operated 1,058 stores in 49 states, compared to 1,004 in 48 states at the same time last year.

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 EST on Thursday, February 4, until 8:30 PM EST on Friday, February 5. The toll-free, dial-in number for the replay is (888) 360-2596. (No pass code is required.)

Fourth Quarter 2009 Earnings Release and Conference Call

Kohl's will release its fourth quarter earnings on Thursday, February 25, 2010 at 7:00 AM EST. A conference call is scheduled at 8:30 AM EST. Investors will have an opportunity to listen to the conference call by dialing (706) 902-0486, using Conference ID 53527657. A replay of the call will also be accessible beginning at approximately 9:30 AM EST on February 25, until midnight EST on March 25, 2010. To listen to the replay, dial (706) 645-9291, and use Conference ID 53527657.

In addition, the call will be web cast live over the Internet through the Company's web site located at http://www.kohlscorporation.com/InvestorRelations/event-calendar.htm. To participate in the conference, register at http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=60706&eventID=2705091 at least ten minutes prior to the call to download and install any necessary audio software. The web cast will be available for 30 days.

 

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 SEC.

About Kohl's

Based in Menomonee Falls, Wis., Kohl's (NYSE: KSS) is a family-focused, value-oriented specialty department store offering moderately priced, exclusive and national brand apparel, shoes, accessories, beauty and home products in an exciting shopping environment. Kohl's operates 1,058 stores in 49 states. A company committed to the communities it serves, Kohl's has raised more than $126 million for children's initiatives nationwide through its Kohl's Cares for Kids® philanthropic program, which operates under Kohl's Cares, LLC, a wholly-owned subsidiary of Kohl's Department Stores, Inc. For a list of store locations and information, or for the added convenience of shopping online, visit www.kohls.com.

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

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

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