Tuesday, June 26, 2007

Kohl's

Did you know that Kohl's is one of the fastest growing retailers. They show no indication of slowing down its pace anytime soon. Impressive quarterly reports showed first quarter sales up 12% year over year. Their shoppers seem to like their move to higher end fashion trends and higher margin private label merchandise. Slower cost growth and solid sales trends translated into 25% profit growth for the quarter. All regions of the country and all lines of business posted positive comparable sales increases. They have only 834 stores throughout the country, so they have plenty of room to grow. This may be the time to start looking at their stock to buy????

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