0001181431-12-001160.txt : 20120105 0001181431-12-001160.hdr.sgml : 20120105 20120105083604 ACCESSION NUMBER: 0001181431-12-001160 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120105 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120105 DATE AS OF CHANGE: 20120105 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KOHLS Corp 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: 12509279 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 FORMER COMPANY: FORMER CONFORMED NAME: KOHLS CORPORATION DATE OF NAME CHANGE: 19930328 8-K 1 rrd329905.htm DECEMBER 2011 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):  01/05/2012
 
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 January 5, 2012, Kohl's Corporation issued a press release reporting its sales for the fiscal periods ended December 31, 2011 and updating its diluted earnings per share guidance for the fourth quarter and fiscal 2011. 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 January 5, 2012
 

 

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: January 05, 2012
     
By:
 
/s/    Richard D. Schepp
               
Richard D. Schepp
               
Senior Executive Vice President, General Counsel and Secretary
 
 

 

EXHIBIT INDEX
 
Exhibit No.
  
Description
EX-99.1
  
Press release dated January 5, 2012
EX-99 2 rrd329905_36873.htm PRESS RELEASE DATED JANUARY 5, 2012 National & Retail Trades and First Call

KOHL'S CORPORATION REPORTS DECEMBER COMPARABLE STORE SALES

MENOMONEE FALLS, WI, -- (Business Wire) - January 5, 2012 -- Kohl's Corporation (NYSE: KSS) reported today that for the five-week month ended December 31, 2011 total sales increased 1.7 percent and comparable store sales decreased 0.1 percent from the five-week month ended January 1, 2011. Year to date, total sales increased 2.3 percent and comparable store sales increased 0.5 percent.

Kevin Mansell, Kohl's chairman, president and chief executive officer, commented, "Our December sales results were short of our expectations although much improved over November's results. Our e-commerce business increased 48% over last year and we remain on track to hit $1 billion in e-commerce sales for fiscal 2011. Our results were adversely affected by sluggish sales in cold-weather categories. As a result, we have taken action to ensure our inventories are at an appropriate level entering next year."
   

% Change .

 

Total Sales .

Total Sales .

Comparable Sales .

($ in millions)

2011 .

2010 .

2011 .

2010 .

2011 .

2010 .

December

$ 3,246

$ 3,192

1.7%

5.9%

(0.1)%

3.9%

Quarter to date

5,176

5,214

(0.7)

6.7

(2.5)

4.8

Year to date

17,962

17,566

2.3

7.2

0.5

4.6

As a result of its quarter-to-date performance, the Company now expects diluted earnings per share of $1.70 to $1.73 for the fourth quarter and $4.20 to $4.23 for fiscal 2011 versus its previous guidance of $1.93 to $2.04 for the fourth quarter and $4.41 to $4.52 for fiscal 2011.

The Company operates 1,127 stores in 49 states, compared to 1,089 stores 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 from 8:30 a.m. ET on Thursday, January 5, 2012 until 8:30 p.m. ET on Friday, January 6, 2012. The toll-free, dial-in number for the replay is (888) 360-2596. (No pass code is required.)

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. 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/A, 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. With a commitment to environmental leadership, Kohl's operates 1,127 stores in 49 states. In support of the communities it serves, Kohl's has raised more than $180 million for children's initiatives nationwide through its Kohl's Cares® cause merchandise 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, Sr. Executive Vice President & Chief Financial Officer, (262) 703-1893

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