Saks Incorporated, for the four weeks ended May 29, 2004 compared to the four weeks ended May 31, 2003, total sales increased 10.6% and comparable store sales increased 9.4% on a total company basis. By segment, comparable store sales increased 3.1% for SDSG and increased 19.4% for SFAE for the month. Sales below are in millions and represent sales from owned departments only.
For the four weeks ended May 29, 2004 compared to the four weeks ended
May 31, 2003, owned sales were:
Total Comparable
This Year Last Year Increase Increase
--------- --------- --------- ----------
SDSG $250.0 $240.9 3.8% 3.1%
SFAE 181.3 149.0 21.6% 19.4%
--------- --------- --------- ----------
Total $431.3 $389.9 10.6% 9.4%
Merchandise categories with the best sales performances for SDSG in May were accessories, soft home, cosmetics, furniture, and men's furnishings. Categories with softer sales performances for SDSG in May were dresses and women's large size and moderate apparel. Categories with the best sales performances for SFAE in May were women's American and European designer collections, contemporary sportswear, and “gold range” apparel; men's contemporary sportswear; gifts; accessories; handbags; and evening dresses. Categories with the softest performances for SFAE in May were women's special size apparel, children's apparel, and jewelry.
For the four months ended May 29, 2004 compared to the four months
ended May 31, 2003, owned sales were:
Total Comparable
This Year Last Year Increase Increase
--------- --------- -------- ----------
SDSG $1,103.7 $1,036.3 6.5% 5.6%
SFAE 855.9 725.2 18.0% 16.2%
--------- --------- --------- ----------
Total $1,959.6 $1,761.5 11.2% 10.0%
