-----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, QKWCIcjGovMK/O7srS+6vpHddzxZUaehKp0K5gailcdr1T/xI1VXK8AgAyd3M/aY ukrSVtdMfmVvPZyGrzpNJA== 0000892712-07-000162.txt : 20070208 0000892712-07-000162.hdr.sgml : 20070208 20070208100741 ACCESSION NUMBER: 0000892712-07-000162 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070208 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070208 DATE AS OF CHANGE: 20070208 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: 07590529 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):  February 8, 2007



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 2.02 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 2.02  Results of Operations and Financial Condition.


On February 8, 2007 Kohl’s Corporation issued a press release announcing its sales for the five week period, fourth quarter and fiscal year ended February 3, 2007.  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 February 8, 2007




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:  February 8, 2007

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 February 8, 2007








EX-99.1 2 exh991.htm PRESS RELEASE

Exhibit 99.1


National & Retail Trades and First Call

For release: February 8, 2007 at 8:30 AM (EST)



KOHL'S CORPORATION REPORTS JANUARY COMPARABLE STORE SALES
INCREASE OF 8.7 PERCENT



MENOMONEE FALLS, WI, -- (Business Wire) – February 8, 2007 -- Kohl’s Corporation (NYSE: KSS) reported today that sales for the five-week period ended February 3, 2007 increased 46.6 percent over the four-week period ended January 28, 2006. On a comparable four-week basis, comparable store sales increased 8.7 percent.  

Fiscal January consists of five weeks this year, resulting in a 14-week fiscal quarter and a 53-week fiscal year.  To provide a better measure of the Company’s business trends, the reported comparable store sales results compare the period ended January 27, 2007 to the period ended January 28, 2006.  

For the 14 weeks ended February 3, 2007, total sales increased 16.7 percent over the 13 weeks ended January 28, 2006.  On a comparable 13-week basis, comparable store sales increased 4.1 percent.

For the 53 weeks ended February 3, 2007, total sales increased 16.0 percent over the 52 weeks ended January 28, 2006.  Total sales in the fifty-third week were approximately $200 million.  On a comparable 52 week basis, comparable store sales increased 5.9 percent.

Larry Montgomery, Kohl’s chairman and chief executive officer, commented, “January’s sales results were driven by strong customer demand for cold-weather merchandise as well as redemptions of gift cards.  We are pleased with our sales performance for January as well as in fiscal 2006 and look forward to continuing our momentum into fiscal 2007.”

 

Sales Summary

 

($ in millions)

 

Fiscal Period Ended

% Inc.

This Year

 

February 3,

January 28,

All

Comp

 

2007

2006

Stores

Stores

 

 

 

 

 

January

$      991.6

$      676.4

46.6%

8.7%

Fourth Quarter

$   5,430.8

$   4,651.9

16.7%

4.1%

Year-To-Date

$ 15,544.2

$ 13,402.2

16.0%

5.9%


On February 3, 2007, the Company operated 817 stores in 45 states, compared with 732 in 41 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 8 until 8:30 PM EST on Friday, February 9).  The dial-in number for the replay is (719) 457-0820 (Pass Code:  8118473).



Fourth Quarter Earnings Release


Kohl’s Corporation will release its fourth quarter earnings report on March 1, 2007 at 4:00 PM EST. A conference call is scheduled at 5:00 PM EST. Investors will have the opportunity to listen to the conference call by dialing (913) 905-3179 (Pass Code: 6593348) ten minutes prior to the start of the call.  A replay of the conference call will be accessible for 30 days, from 8 PM EST March 1 through midnight March 30, 2007, by dialing (719) 457-0820 (Pass Code: 6593348).


In addition, the call will be web cast live over the Internet through the Company’s web site located at http://www.kohls.com (see “Investor Relations” / “Calendar of Events”), or through Premiere Global’s web site at https://cis.premconf.com/sc/scw.dll/usr?cid=vlllrcrxrddvwwzcd.  To listen to the call, please go to either web site at least 15 minutes early to register, download, and install any necessary audio software.  The web cast will be available for 30 days on both web sites.


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 fili ngs with the SEC.

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

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



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