Kohl’s Corporation (NYSE: KSS) today reported fourth quarter comparable
sales of 3.7% and updated its fiscal 2014 diluted earnings per share
guidance to $4.20 – $4.22.
“We are pleased with our fourth quarter sales as we saw our base
business improve and our new strategic framework, the Greatness Agenda,
take hold," said Kevin Mansell, Kohl's chairman, chief executive officer
and president.
"An instrumental component of our results was the exceptional service we
provide every day," Mansell added. "I'd like to personally thank every
one of our 140,000 associates across the company for their commitment to
our customers and our path forward."
The Company will release its detailed report on the fourth quarter and
full year as scheduled on February 26, 2015. Additional details on the
Company’s performance and initial guidance for fiscal 2015 will be
provided at that time.
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,
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
Kohl’s (NYSE: KSS) is a leading specialty department store with 1,163
stores in 49 states. With a commitment to inspiring and empowering
families to lead fulfilled lives, the company offers amazing national
and exclusive brands, incredible savings and inspiring shopping
experiences in-store, online at Kohls.com and
via mobile devices. Committed to its communities, Kohl’s has raised more
than $257 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 additional information about Kohl’s philanthropic and
environmental initiatives, visit www.Kohls.com/Cares. For
a list of store locations and information, or for the added convenience
of shopping online, visit www.Kohls.com.
Connect with Kohl’s:
Facebook (http://www.facebook.com/Kohls)
Twitter (http://twitter.com/Kohls)
Google+ (http://plus.google.com/+Kohls)
Pinterest (http://pinterest.com/Kohls)
Instagram (http://instagram.com/Kohls)
YouTube (http://www.youtube.com/kohls)
Copyright Business Wire 2015