Kohl's expects comp sales up 0-2% in 2014

Total FQ4 sales of $6.099B fell 3.8% from a year ago, with comparable store sales off 2%. EPS of $1.56 compares to $1.66 a year ago. Last year's FQ4 included an extra week in which sales were $169M.

Gross margin of 34% is up 70 basis points from last year.

Fiscal 2014 EPS guidance of $4.05-$4.45 on total sales expected to increase 0.5-2.5%. Comparable store sales to increase 0-2%.

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