Kohl's Corp. (KSS) reported a 4.2 percent decline in May 2012 comparable-store sales, with the four-week total sales dropping 2.6 percent to $1.34 billion from $1.37 billion a year before.
For the year-to-date period, total sales went up 0.8 percent and comparable store sales slipped 0.9 percent.
Kohl's chairman, president and chief executive, commented, "May sales were lower than our expectations and, as a result, we now expect second quarter comparable store sales to be modestly negative. From a line of business perspective, we saw strength in Accessories. Our Men's and Women's businesses also outperformed the company average. The South Central and West were the strongest regions."
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.