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Saks Inc posts March sales results

11
Apr '08
Retailer Saks Incorporated announced that owned sales totaled $276.2 million for the five weeks ended April 5, 2008 compared to $284.4 million for the five weeks ended April 7, 2007, a 2.9% decrease on both a total and comparable store sales basis.

On a year-to-date basis, for the two months ended April 5, 2008, owned sales totaled $503.8 million compared to $504.3 million for the two months ended April 7, 2007, a 0.1% decline on both a total and comparable store sales basis.

For March, the strongest categories at Saks Fifth Avenue were women's designer eveningwear, men's shoes and contemporary apparel, fashion jewelry, women's shoes, and fragrances. The weakest categories at Saks Fifth Avenue for March were women's classic bridge apparel, women's petites and large sizes, women's designer apparel, and fine jewelry.

Saks Incorporated


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