Back to top

Analyst Blog

Department store Kohl’s Corporation (KSS - Analyst Report) posted a decline in same-store sales results for the month of November. Total sales for the period decreased, partially due to Superstorm Sandy and also as result of a shift towards e-commerce sales.

Kohl’s comparable store sales declined 5.6% for the four-weeks ended November 24, 2012 versus a decline of 6.2% in the four-week month ended November 26, 2011. Kohl’s total sales dipped 4.9% in the month of November 2012 to $1.84 billion compared with a decline of 4.9% to $1.93 billion in the year-ago month.

Sales declined in all the regions, with Mid-Atlantic and Northeast regions strongly affected due to Superstorm Sandy. Though sales improved over the Thanksgiving week and in the e-commerce channel, the company was significantly impacted by the overall sluggish sales.

Kohl’s reported third quarter results on November 8. The company’s net sales climbed 2.6% year over year to $4.5 billion in the third quarter of 2012 owing to a 1.1% year-over-year increase in comparable store sales.

Kohl’s also stated that it expects sales growth in a range of 7% to 8% while comparable-store sales are expected to increase 3% to 4% for the fourth quarter of 2012. However, the company’s negative same store sales in the month of November might lead to negative same-store sales for the fourth quarter of 2012.

Currently, we maintain a long-term Neutral recommendation on the stock. Kohl’s holds a Zacks #3 Rank (short-term Hold rating) while its peer Ross Stores Inc. (ROST - Analyst Report) holds a Zacks #2 Rank (short-term Buy rating), having posted positive sales and comparable store sales in the month of November.

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
SUPER MICRO… SMCI 27.00 +10.25%
CANADIAN SO… CSIQ 38.34 +8.18%
BANCO DO BR… BDORY 16.78 +8.05%
CENTURY ALU… CENX 26.97 +7.97%
WILLDAN GRO… WLDN 11.38 +5.86%