科尔士百货Kohl's Corporation (KSS) 2000年年度报告「NYSE」.pdf

1、Kohls CorporationN56 W17000 Ridgewood DriveMenomonee Falls,WI 53051-5660(262)703-Printed on recycled paper.thats more like itKohls Corporation2000 Annual Reportmore growthmore expansionmore brandsmore conveniencemore valueContents1More Growth 2 Letter to Shareholders3 Message from Bill Kellogg4More

2、Expansion8More Brands and Value10More Convenience12More Community Involvement13More Opportunities for Associates14Financial Highlights15Corporate InformationKohls is a family-orienteddepartment store.As of April 2001,Kohls operates 354 family-oriented,specialty department stores in 28 states that fe

3、ature quality,national brand merchandise priced to provide exceptionalvalue to customers.The companys stores sell moderatelypriced brand-name apparel,shoes,accessories and homeproducts targeted to middle income consumers shoppingfor their families and homes.Kohls focuses on providingconvenient shopp

4、ing in neighborhood locations close towhere our customers live and work.profileNet Sales2000$6,152(In millions of dollars)1999$4,557Operating Income2000$651(In millions of dollars)1999$448Net Income2000$372(In millions of dollars)1999$258Diluted Net Income Per Share(1)2000$1.101999$0.77Number of Sto

5、res20003201999259Total Square Feet of Selling Space 200023,610(At year end in thousands)199918,757Financial HighlightsAnother Record Year Since going public in 1992,Kohls hasestablished a record of consistentlystrong financial performance.On a compounded growth rate basis(excluding non-recurring cha

6、rges),our net income has increased 38percent over the last five years and33 percent since 1992.Net incomeincreased 44 percent in 2000.Thiswas the highest percentage increasein the last five years and our fifthconsecutive year of earnings growthexceeding 30 percent.up 35%Kohls Corporation1more growth