Saks Incorporated said owned sales totaled $166.7 million for the four weeks ended Feb. 28, 2009 compared to $227.6 million for the four weeks ended March 1, 2008, a 26.8% decrease.
Comparable store sales decreased 26.0% for the month.
The company experienced continued weakness across all merchandise categories, particularly in womens apparel. Categories and businesses at Saks Fifth Avenue with relative strength in February were eveningwear, fragrances, womens and mens accessories, and OFF 5TH.
