Retailer Kohl’s Corp has posted an 18.3 per cent jump in October same-store sales amid strong demand for seasonal apparel and said it now expects to meet its original earnings guidance for the quarter.

The operator of 457 stores said total sales for the four weeks to November 2 surged 38.4 per cent to $799.7 million from $577.9m in 2001, with third quarter same-store sales up 5.9 per cent and total quarterly sales up 21.8 per cent to $2.14 billion.

Kohl’s said it now hopes to meet its original guidance for third quarter earnings of 37 cents a share after cutting that forecast to 34-35 cents a share in the wake of poor September sales.