Kohl's 1998 Annual Report Download - page 8

Real value and a great selection have made
Kohl’s a leader in children’s clothes.
As more women take time to pamper
themselves, Kohl’s Bodysource per-
sonal care, spa and aromatherapy
products are becoming very popular.
Common Stock
Kohl’s common stock is listed on the
New York Stock Exchange under the
symbol KSS.
Common Stock Price Range
Fiscal 1998 High Low
First Quarter $ 4315/32 $ 3411/16
Second Quarter 575/8401 /2
Third Quarter 5815/16 341/16
Fourth Quarter 673/4451/
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Fiscal 1997 High Low
First Quarter $ 259/16 $ 197/16
Second Quarter 3119/32 247/8
Third Quarter 373/829
Fourth Quarter 3711/16 315/16
Shareholders
As of March 24, 1999, there were 5,670
holders of record of Kohl’s common stock.
D ividends
Kohl’s has never paid a cash dividend,
has no current plans to pay dividends on
its common stock and intends to retain all
earnings for investment in and growth of
its business.
About Our Models
All of the people pictured in this report are
current Kohl’s Associates from Wisconsin
stores, the Menomonee Falls, Wisconsin,
distribution center and the corporate head-
quarters, along with some family mem-
bers. Special thanks to these Associates
for participating in this year’s annual
report.
Corporate Headquarters
Kohl’s Corporation
N56 W17000 Ridgewood Drive
Menomonee Falls, Wisconsin
53051-5660
[phone]
Web Site: www.kohls.com
Transfer Agent
and Registrar
The Bank of New York
Shareholder Relations Dept. 11-E
P.O. Box 11258
Church Street Station
New York, New York 10286
[phone]
Independent Auditors
Ernst & Young LLP
Milwaukee, Wisconsin
Corporate Counsel
Godfrey & Kahn, S.C.
Milwaukee, Wisconsin
Annual Meeting
The 1999 Kohls’ Annual
Meeting of Shareholders will
be held on Tuesday, May 25,
at 10:00 a.m. at the Four Points
Sheraton Hotel, Milwaukee,
Wisconsin.
Investor Contact
Shareholders, prospective
investors and securities ana-
lysts seeking information about
Kohl’s should direct
their inquiries to the
company, Attention:
Shareholder Relations.
Form 10-K
Parts I-III of Kohl’s Annual
Report on Form 10-K, as filed
with the Securities and
Exchange Commission, are
included with this report for
all shareholders.
Models:
Cover, from left: Zulfi Amjad from corporate headquarters,
Tina Flatow from the Oak Creek store, Quentin Whiley, son of
Tammy Whiley from corporate headquarters, Charles Hansford
from corporate headquarters and Shelley Mathwick from cor-
porate headquarters with her daughter, Michelle.
Inside front cover large photo, from left: Maureen
Johannes and Nicole Conattiy from the Oak Creek store,
Sue Boyd from the Waukesha store and Gail Novara from the
Oak Creek store.
Page 4: Bernadette Merritt from the Southridge store,
Kellie Turvaville from the Kenosha store.
Page 4-5, from left: Tim Sluga, Jeff McEathron, Karen
Aude and SuEllen Nicholson from the Oak Creek store.
Page 5: Nancy Kruziki from the Delafield store.
Page 6, from left: Barbara Kennedy from the Oak Creek store
and Sarah Jewell from the Kenosha store
Page 8, from left: Ron Mudrock and Jennifer Cannon from
corporate headquarters.
Page 8-9, from left: Cheryl Salaty from the Southridge
store, Julie Ludin from the Brown Deer store, Cindy Pedersen
from the Delafield store and Michelle Underwood from the
Point Loomis store.
Page 9, from left: Tré Porter, son of Tiffany Porter from cor-
porate headquarters and Yvette Willis from corporate head-
quarters.
Page 10, from left: Wendy Allstorm-Reid from the
Southridge store; and Mary Seianas and Roxanne Heusdens
from the Kenosha store.
Page 12, from left: Lisa Worklan, daughter of Mike Worklan
from the Menomonee Falls distribution center and Sandy
Lutzke from the Delafield store.
Page 13, from left: Deann Dudley from the Point Loomis
store, Shannon Brown from corporate headquarters and
Staci Housner from the Point Loomis store.
D irectors
Jay H. Baker-Retiring President, Kohl’s Corporation
James D. Ericson-President and Chief Executive Officer,
Northwestern Mutual Life Insurance Company (b)
John F. Herma-Chief Operating Officer and Secretary,
Kohl’s Corporation
William S. Kellogg-Chairman, Kohl’s Corporation
Kevin Mansell-President, Kohl’s Corporation
R. Lawrence Montgomery-Vice Chairman and
Chief Executive Officer, Kohl’s Corporation
Frank V. Sica-Director,
CSG Systems International, Inc.
and Sita Telecommunications Holdings, N.V. (a)
Herbert Simon-Co-Chairman,
Board of Directors, Simon DeBartolo Group, Inc.,
a real estate investment trust; and Co-Chairman,
Melvin Simon & Associates, a real estate developer
Peter M. Sommerhauser-Shareholder in the
law firm of Godfrey & Kahn, S.C.
R. Elton White-Director,
Flowserve Corporation and
Keithley Instruments, Inc. (a)(b)
(a) Audit Committee
(b) Compensation and Stock Option Committee
Corporate Information
Kohl’s is on the Move
1998 was a tremendous year
for Kohl’s and 1999 promises
to be a year of continuing
growth and success. With a
solid infrastructure, a strong
commitment to our
Associates, customers and
vendors and an aggressive
growth strategy, Kohl’s is on
the move!
12
Executive Officers
Jay H. Baker-Retiring President
Caryn A. Blanc-Executive Vice President-
Merchandise Planning and Logistics
John F. Herma-Chief Operating Officer
William S. Kellogg-Chairman
John J. Lesko-Executive Vice President-
Chief Information Officer
Rick Leto-Executive Vice President-General Merchandise
and Product Development Manager
Kevin Mansell-President
Arlene Meier-Executive Vice President-Chief Financial Officer
R. Lawrence Montgomery-Vice Chairman and
Chief Executive Officer
Jack E. Moore, Jr.-Executive Vice President-General
Merchandise Manager
Jeff Rusinow-Executive Vice President- Regional Director of
Stores and Store Administration
Don Sharpin-Executive Vice President-Human Resources
Gary Vasques-Executive Vice President-Marketing