Home / Knowledge / News / Apparel/Garments / Kohl's net sales up 0.95% in year ended 30 Jan
Kohl's net sales up 0.95% in year ended 30 Jan
Feb '16
Kohl's Corporation, a US based apparel, accessories and footwear retailer, reported a rise of 0.95 per cent in its net sales to $19,204 million as compared to $19,023 million in the year ending on January 30, 2016, according to a press statement released by the retailer.
Gross margin at the retailer increased by 0.20 per cent to $6,939 million in this year as compared to $6,925 million in the year ended on January 31, 2015.
Despite a slight increase in the gross margin and net sales, net income fell by 22.37 per cent to $673 million this year as compared to $867 million in the prior year.
Diluted net income per share fell by 18.39 per cent to $3.46 as compared to $4.24 in the previous year.
Commenting on the results, Kevin Mansell, chairman, president and CEO of Kohl's said, “At the most competitive time in retail, customers were choosing Kohl's. I am particularly encouraged by the 4 per cent increase we saw between Thanksgiving and Christmas.”
“We see exciting growth potential in the new stores and new formats that we are opening this year and are heavily investing in the health of our overall stores portfolio to continue to serve our current and future customers,” he added. (MCJ)

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 20th Jul 2017

Provide safety net for cotton growers: Congress to Trump

A bipartisan Congressional coalition has called attention of...

Courtesy: ITMF

Textiles | On 20th Jul 2017

ITMF'17 themed on tech, trade, climate in disruptive times

The International Textile Manufacturers Federation (ITMF), an...

Textiles | On 20th Jul 2017

RIL’s Q1 FY18 petrochemicals revenue up 22.9% y-o-y

Reliance Industries Limited (RIL) has reported its financial...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

C Kamatchisundaram

ITME is an occasion not only to receive new leads but also to work on...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Planning to Take the Leap towards

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search