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March 5, 1998
Robert M. Burton KMART CORPORATION REPORTS FEBRUARY SALES TROY, Mich., March 5, 1998-- Kmart Corporation (NYSE: KM) today reported that February consolidated sales increased 5.6% on a comparable store basis. Total sales in U.S. Kmart stores increased 6.3% for the four-week period ended February 25, 1998. Including results from divested international operations, total consolidated sales increased 3.5% to $2.146 billion compared with $2.074 billion for the same period last year. "Kmart's sales for February met expectations," said Floyd Hall, Chairman, President, and CEO of Kmart. "Categories showing particular strength for the month included outdoor sporting goods, home fashions, appliances, electronics, ladies and children's apparel, jewelry, cosmetics, consumables, and photography." Kmart Corporation serves America with 2,136 Kmart retail outlets. Kmart Corporation common stock is listed on the New York, Pacific and Chicago Stock Exchanges.
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