Retailer Saks Incorporated saw total company comparable store sales increase 3.3% for the month of August, while total sales decreased 36.5%. By segment, comparable store sales decreased 2.0% for SDSG and increased 5.0% for SFAE for the month. Sales below are in millions and represent sales from owned departments only.
For the four weeks ended August 26, 2006 compared to the four weeks ended August 27, 2005, owned sales were:
Total Comparable
Increase Increase
This Year Last Year (Decrease) (Decrease)
---------- --------- ---------- ----------
SDSG $ 53.5 $ 189.3 (71.7%) (2.0%)
SFAE 174.0 169.1 2.9% 5.0%
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Total $ 227.5 $ 358.4 (36.5%) 3.3%
Merchandise categories with the best sales performances for SDSG (Parisian) in August were men’s sportswear, children’s apparel, intimate apparel, dresses, and women’s better sportswear. Categories with the softest sales performances for SDSG (Parisian) in August were women’s petite sportswear, women’s moderate sportswear, cosmetics, and junior’s apparel. Categories and businesses with the best sales performances for SFAE in August were women’s designer, bridge, modern, and contemporary apparel; women’s shoes and handbags; men’s apparel, shoes, and accessories; and Saks Direct. Categories with the softest performances for SFAE in August were women’s “gold range” apparel, fashion jewelry, children’s apparel, and gifts.
On a year-to-date basis, for the seven months ended August 26, 2006 compared to the seven months ended August 27, 2005, owned sales were:
Comparable
Total Increase
This Year Last Year (Decrease) (Decrease)
---------- --------- ---------- ----------
SDSG $ 587.4 $1,751.4 (66.5%) (0.8%)
SFAE 1,425.9 1,452.4 ( 1.8%) 0.9%
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Total $2,013.3 $3,203.8 (37.2%) 0.4%
