The May Department Stores Company reported preliminary net sales of $1.06 billion for the five-week period ended April 5, 2003, a 9.9% decrease from $1.18 billion in the similar period last year. Store-for-store sales decreased 11.4%.
Net sales for the first two months of fiscal 2003 were $1.91 billion, an 8.8% decrease compared with $2.09 billion during the first two months of fiscal 2002.
