Shares of Kohl's (KSS)
fell 1.7% so far in 2013, not benefiting from the positive market sentiment
after the announcement of some sort of fiscal cliff resolution. The department
store selling apparel, footwear and home products, reported its December sales
results on Thursday.
December Sales Report
Kohl's reported its sales for the five weeks ending on December 29, just like most of its retail colleagues. Total sales for the month rose some 4.0% to $3.37 billion, driven by a 3.4% increase in comparable sales.
Year-to-date, sales of Kohl's rose by 1.0% to $18.1 billion. So far in 2012, comparable store sales fell by 0.3%. CEO and Chairman Kevin Mansell commented on the sales results
December Sales Report
Kohl's reported its sales for the five weeks ending on December 29, just like most of its retail colleagues. Total sales for the month rose some 4.0% to $3.37 billion, driven by a 3.4% increase in comparable sales.
Year-to-date, sales of Kohl's rose by 1.0% to $18.1 billion. So far in 2012, comparable store sales fell by 0.3%. CEO and Chairman Kevin Mansell commented on the sales results
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