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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 (7447)	12/2/2004 9:26:46 AM
From: Smiling Bob	Read Replies (1) \| Respond to of 19256

KSS- 47.78 last trade. flat same store sales. They've lost the edge, and they still want to expand that losing angle while heading into a teetering economy. A bigger grave to fill for them. Maintain 39 eoy tgt and mid 20's late 1st qtr 2005. Message 20808580 Kohl's Corporation Reports November Sales Thursday December 2, 8:30 am ET MENOMONEE FALLS, Wis.--(BUSINESS WIRE)--Dec. 2, 2004--Kohl's Corporation (NYSE:KSS - News) reported today that sales for the four-week period ended November 27, 2004 increased 13.4 percent over the four-week period ended November 29, 2003. On a comparable store basis, sales were flat to last year. For the 43 weeks ended November 27, 2004, total sales were up 13.4 percent while comparable store sales were flat to last year. biz.yahoo.com Sales Summary ($ in millions) Fiscal Period Ended % Inc. - This Year ------------------- ------------------ November 27, November 29, All Comp --- ---- 2004 2003 Stores Stores ---- ---- ------ ------ November $1,346.5 $1,187.8 13.4% 0.0% Year-to-Date $8,968.4 $7,908.0 13.4% 0.0% On November 27, 2004, the Company operated 637 stores in 40 states, compared with 542 stores in 36 states at the same time last year. The Company plans to open approximately 95 stores in fiscal 2005 with approximately 33 stores opening during the first quarter. The Company expects to open the balance of the 95 stores in the third quarter of fiscal 2005. These fall openings include the Company's entry into the state of Florida with stores in the Orlando and Jacksonville markets. Comments regarding the Company's sales results will be provided in a pre-recorded telephone message. This message is accessible by calling (402) 220-0820 and will be available for 36 hours. 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 on Exhibit 99.1 to 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. Contact: Kohl's Corporation Wes McDonald (Investor Relations), 262-703-1893 or Vicki Shamion (Public Relations), 262-703-1464