Kohl’s Corporation reported results for the quarter ended May 3, 2014. Kohl’s first quarter sales increased 3.1% to $4,199 million.
Kohl's Corporation reported results for the quarter ended May 3, 2014.Kevin Mansell, Kohl's chairman, president and chief executive officer, said, #
Kevin Mansell, Kohl's Chairman, President and CEO, said, “We did not achieve our first quarter sales goals, but we were encouraged by the improvement in sales as the quarter progressed. Our teams managed our inventory levels appropriately and expenses were controlled throughout the organization during the quarter."
Kohl's Corporation reported results for the quarter ended May 3, 2014.Kevin Mansell, Kohl's chairman, president and chief executive officer, said, #
Guidance
The Company expects diluted earnings per share of $4.05 to $4.45 for fiscal 2014, which is consistent with its previous guidance.
Kohl's Corporation reported results for the quarter ended May 3, 2014.Kevin Mansell, Kohl's chairman, president and chief executive officer, said, #
Dividend
On May 14, 2014, Kohl's Board of Directors declared a quarterly cash dividend on the Company's common stock of $0.39 per share. The dividend is payable June 25, 2014 to shareholders of record at the close of business on June 11, 2014.
Kohl's Corporation reported results for the quarter ended May 3, 2014.Kevin Mansell, Kohl's chairman, president and chief executive officer, said, #
Store Update
Kohl’s ended the quarter with 1,160 stores in 49 states, compared with 1,155 stores at the same time last year. The Company opened four new store locations, relocated one existing store and permanently closed two stores during the first quarter of 2014.
Kohl's Corporation reported results for the quarter ended May 3, 2014.Kevin Mansell, Kohl's chairman, president and chief executive officer, said, #
Credit Card Agreement with Capital One
The Company extended its current credit card agreement with Capital One for an additional five years until March 31, 2023.
Kohl's Corporation reported results for the quarter ended May 3, 2014.Kevin Mansell, Kohl's chairman, president and chief executive officer, said, #
Kohl's Corporation reported results for the quarter ended May 3, 2014.Kevin Mansell, Kohl's chairman, president and chief executive officer, said, #
Kohl's Corporation