Home heads Kohl’s sales

MENOMONEE FALLS , Wis. — Home and accessories were the sales leaders at Kohl’s last month, the company said late yesterday after reporting a May sales increase of 10.2 percent. Comps rose 0.2 percent.

The performance was in line with company expectations. Kohl’s reiterated its comp target for the second quarter of 4 to 5 percent, along with earnings guidance for the period of 49 cents to 52 cents per diluted share.

This morning at an investor conference in New York , Larry Montgomery, chairman and CEO, said the merger of Federated Department Stores and May Co. should create greater market share opportunity since Federated has been moving its stores up and out of moderate.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Featured Video

  • The Countdown to the ICON Honors Continues featuring Christophe Pourny

    Camera Icon More Videos


HTT digital edition

See the May 2017 issue of Home & Textiles Today. In this issue, we discuss our annual Market Basket survey, which finds higher prices and more polyester at leading retailers. See details!