Retailer Saks Incorporated announced that total sales for the four weeks ended November 29, 2003 increased 7.6% and comparable store sales increased 6.7% on a total company basis. By segment, comparable store sales increased 3.7% for SDSG and increased 11.3% for SFAE for the month. Sales below are in millions and represent sales from owned
departments only.
For the four weeks ended November 29, 2003 compared to the four
weeks ended November 30, 2002, owned sales were:
Total Comparable
This Year Last Year Increase Increase
----------- ----------- ----------- -----------
SDSG $ 365.9 $ 351.1 4.2% 3.7%
SFAE 251.5 223.0 12.8% 11.3%
----------- ----------- ----------- -----------
Total $ 617.5 $ 574.1 7.6% 6.7%
On a year-to-date basis, for the ten months ended November 29,
2003 compared to the ten months ended November 30, 2002, owned sales
were:
Comparable
Total Increase
This Year Last Year Increase (Decrease)
----------- ----------- ----------- -----------
SDSG $ 2,769.9 $ 2,753.6 0.6% (0.3%)
SFAE 1,903.5 1,862.9 2.2% 1.8%
----------- ----------- ----------- -----------
Total $ 4,673.4 $ 4,616.5 1.2% 0.6%
Merchandise categories with the best sales performances for SDSG
in November were home and furniture, accessories, cosmetics, shoes,
and intimate apparel. Categories with softer sales performances for
SDSG in November were men's sportswear and furnishings, children's
apparel, and outerwear. Categories with the best sales performances
for SFAE in November were jewelry; women's contemporary sportswear;
women's designer sportswear; women's American designer collections;
women's shoes; handbags; and men's dress furnishings, advanced
sportswear, and shoes. Categories with the softest performances for
SFAE in November were children's apparel, bridal, and eveningwear.
