Retailer Saks Incorporated sawcomparable store sales for the overall company increase 10.0% for the month of September, while total sales decreased 33.1% to $343.1 million . By segment, comparable store sales increased 5.7% for SDSG and increased 11.1% for SFAE for the month.

For the five weeks ended September 30, 2006 compared to the five weeks ended October 1, 2005, owned sales were:

Total
Increase Comparable
This Year Last Year (Decrease) Increase
SDSG $ 66.2  $ 262.5  (74.8%) 5.7%
SFAE   276.9    250.0  10.8% 11.1%
Total $ 343.1  $ 512.5  (33.1%) 10.0%

At SFAE, three days of a four-day “Double Points” proprietary credit card event were shifted from October last year into September this year, positively affecting September 2006 sales.

Merchandise categories with the best sales performances for SDSG (Parisian) in September were men’s sportswear and furnishings, children’s apparel, accessories, intimate apparel, and shoes. Categories with the softest sales performances for SDSG (Parisian) in September were junior’s apparel, cosmetics, and petite sportswear. Categories and businesses with the best sales performances for SFAE in September were women’s bridge, contemporary, and “gold range” apparel; outerwear; evening dresses; women’s shoes and handbags; men’s sportswear, contemporary apparel, shoes, and accessories; fine jewelry; cosmetics; and Saks Direct. Categories with the softest performances for SFAE in September were women’s designer collections, designer evening wear, children’s apparel, and fashion jewelry.

On a quarter-to-date basis, for the two months ended September 30, 2006 compared to the two months ended October 1, 2005, owned sales were:

Total
Increase Comparable
This Year Last Year (Decrease) Increase
SDSG $ 119.7  $ 451.8  (73.5%) 2.1%
SFAE   450.9    419.1  7.6% 8.6%
Total $ 570.6  $ 870.9  (34.5%) 7.2%

On a year-to-date basis, for the eight months ended September 30, 2006 compared to the eight months ended October 1, 2005, owned sales were:

Comparable
Total Increase
This Year Last Year (Decrease) (Decrease)
SDSG $ 653.6  $ 2,014.0  (67.5%) (0.2%)
SFAE   1,702.8    1,702.4  0.0% 2.4%
Total $ 2,356.4  $ 3,716.4  (36.6%) 1.7%

The Company completed the sale of its SDSG Proffitt’s/McRae’s business to Belk, Inc. effective Midnight on July 2, 2005 and the sale of SDSG’s Northern Department Store Group (NDSG) business to The Bon-Ton Stores, Inc. effective Midnight on March 4, 2006. Total and comparable store sales above reflect revenues of Proffitt’s/McRae’s and NDSG through those dates. The Company completed its sale of Parisian to Belk, Inc. effective Midnight on September 30, 2006.