First Quarter 2021 Summary *Total reported sales of $2.4 billion, down 13% versus last year *GAAP operating income of $55 million and net income of $53 million, or $0.95 per diluted share, versus $80 million and $45 million, or $0.84 per diluted share, respectively in the prior year *Operating cash flow of $86 million and adjusted free cash flow of $79 million, versus $188 million and $173 million, respectively in prior year *$1.7 billion of total available liquidity including $753 million in cash and cash equivalents
Kohl’s (NYSE: KSS) today announced the continuation of its partnership with Penfield Children’s Center in Milwaukee, donating $2.4 million over three years to support the Kohl’s Building Blocks program. Created in 2010, the Kohl’s Building Blocks program provides support to families, young children and infants through access to specialized educational and developmental programs, services and equipment at Penfield. The funding will continue the program’s Lending Library of equipment, books and other resources, provide financial support for child development specialists and support family programming events throughout Milwaukee.
“We are proud to continue our longstanding partnership with Penfield Children’s Center and support its mission of creating a positive start in life for infants and children, and the informed, caring support they provide for area families,” said Jen Johnson, Kohl’s vice president, corporate communications. “Through the Kohl’s Building Blocks Program, we are fortunate to support Penfield‘s education, resources and outreach in our hometown.”
Penfield Children’s Center works with more than 1,500 Milwaukee-area children each year providing comprehensive services that include a nationally-accredited early education and behavioral health program; speech, physical and occupational therapy; nursing care; and family programming. Approximately 90 percent of all families enrolled at Penfield are living below the poverty line.
“For more than 30 years, Kohl’s has been an incredible partner through their financial commitment and incredible associate engagement supporting vital programs and services for children and families at Penfield Children’s Center,” said Christine Holmes, president and CEO of Penfield Children’s Center. “Through this generous gift, local children and families will have greater access to health resources and educational programming in areas where we have identified significant needs.”
Over the next three years, the Kohl’s Building Blocks Program will continue to provide specialized professional support, quality resources and early learning materials for both typically-developing children and children with a developmental delay or disability to ensure a bright future.
more detail at: https://corporate.kohls.com/news/archive-/2018/february/kohl_s-donates–2-4-million-to-penfield-childrens-center-in-milw