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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (5927)	8/7/2003 11:37:43 AM
From: Smiling Bob	Respond to of 19256

KSS news big deal Liquidation of seasonal inventory won't translate into profits Dow Jones Business News Kohl's July Same-Store Sales Rose 6.7% Thursday August 7, 10:20 am ET MENOMONEE FALLS, Wisc. (Dow Jones)--Kohl's Corp. had total sales for the four weeks ended Aug. 2 of $700.8 million, up 21.4% from $577.1 million a year earlier. In a press release, the company said same-store sales in July were up 6.7%. The Thomson First Call mean estimate was for July same-store sales to increase by 1.6%. For the second quarter ended Aug. 2, total sales increased 14.9% to $2.21 billion and same-store sales increased 1.1%. For the 26 weeks ended Aug. 2, total sales were up 14.1% to $4.33 billion and same-store sales fell 0.7%. At Aug. 2, Kohl's operated 492 stores in 34 states, compared with 420 stores in 32 states a year earlier. Kohl's Corp. is a department-store operator.