< View Todays Articles 08.11.2011

Kohl's Corporation Reports Second Quarter Financial Results

Kohl's Corporation today reported results for the fiscal periods ended July 30, 2011.

Kohl's Corporation reported second quarter diluted earnings per share increased 30 percent to $1.09. Net income for the quarter was $303 million, compared with $260 million ($0.84 per diluted share) a year ago. Net sales were $4.2 billion, an increase of 3.6 percent over the comparable prior year quarter. Comparable store sales for the quarter increased 1.9 percent.

On a year-to-date basis, diluted earnings per share increased 22 percent to $1.81. Net income was $514 million, compared with $459 million ($1.48 per diluted share) for the first six months of fiscal 2010. Net sales were $8.4 billion, an increase of 3.4 percent. Year-to-date comparable store sales increased 1.6 percent.


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