Tag Archives: Kevin Mansell

Kohl’s Q1 Net Falls 15 Percent; Sets “Greatness Agenda”

Kohl’s

MENOMONEE FALLS, Wis.-In a quarter in which the company failed to achieve its sales goals, Kohl’s posted first-quarter net income of $125 million, down 15 percent from a year ago. Net sales fell 3.1 percent to $4.1 billion, including a decrease in same-store sales of 3.4 percent in the quarter, which ended on May 3.More »

Kohl’s Net Down 11.6 Percent in Q4

Kohls Logo2010

MENOMONEE FALLS, Wis.-With sales lagging for both the fourth quarter and the fiscal year, Kohl’s turned in an 11.6 percent fall in net income for its fourth quarter, to $334 million, and a decline of 9.8 percent in fiscal-year net income, to $889 million. Net sales in the quarter slipped 2.6 percent to $6.1 billion,More »

Kohl’s Net Falls 17.7 Percent in Q3

Kohl’s

MENOMONEE FALLS, Wis.-Declines in both sales and margins pressured Kohl’s bottom line to a 17.7 percent shortfall, totaling $177 million, in its fiscal third quarter ending on Nov. 2. Net sales were down 1 percent to $4.4 billion, including a drop of 1.6 percent in same-store sales. Gross margin was off 64 basis points toMore »

Kohl’s Net Drops 3.8 Percent in Q2

Kohl’s

MENOMONEE FALLS, Wis.-Although sales headed in a mostly positive direction, Kohl’s finished its fiscal second quarter with a 3.8 percent decline in net income, to $231 million. Net sales in the quarter, which ended on Aug. 3, gained 2 percent to $4.3 billion, including an uptick of 0.9 percent in same-store sales. Gross margin edgedMore »