Kohl's 2004 Annual Report Download - page 3

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1
Financial Highlights
Kohl’s mission is to be the leading family-focused, value-oriented,
specialty department store offering quality exclusive and national
brand merchandise to the customer in an environment that is
convenient, friendly and exciting.
Kohl’s operates from coast to coast. At the end of fiscal 2004, we
served customers in 40 states through 637 stores and Kohls.com.
In fiscal 2005, we plan to open approximately 95 stores.
2004 2003*
NET SALES
(In millions of dollars) $ 11,701 $10,282
OPERATING INCOME
(In millions of dollars) $ 1,237 $ 1,007
PERCENT OF SALES 10.6% 9.8%
NET INCOME
(In millions of dollars) $ 730 $ 581
PERCENT OF SALES 6.2% 5.6%
CASH PROVIDED BY
OPERATING ACTIVITIES
(In millions of dollars) $ 948 $ 754
* Restated
up 13.8%
up 22.8%
up 25.7%
up 25.6%
Profile CONTENTS
Letter to Shareholders 2
expect great things: Customers 4
expect great things: Partners 8
expect great things: Shareholders 9
expect great things: Associates 10
expect great things: Communities 11
Financial Summary 12
Corporate Information 13