Sears, Roebuck and Co. comparable domestic store revenues increased 4.6% for the four weeks ended Jan. 31, 2004. Total domestic store revenues were $1.6 billion for the four-week period in January 2004, also up 4.6%, compared with the four weeks ended Feb. 1, 2003.
“Home goods led the way to a positive start to 2004, with increases over
last January's results in home appliances, consumer electronics, tools,
automotive and lawn and garden goods,” said Sears Chairman and CEO Alan J.
Lacy. “Also, in what is traditionally a clearance month, sales were up in our
principal clothing categories, with women's ready to wear, children's and
men's apparel all reporting sales gains. In addition, outerwear finally
benefited from winter's late arrival, with a sizable improvement over last
year.”
In the aggregate, Sears' off-the-mall formats also reported positive
comparable store sales in January, led by increases in Dealer Stores and Sears
Hardware.
Sears, Roebuck and Co.
Domestic Store Revenues & Comparable Store Revenues
(*According to National Retail Federation Fiscal Calendar.)
(**A store is considered to be comparable at the beginning of the 13th
month after the store is opened.)
Fiscal Period Ending Percent Change
January 31, February 1, All Comp
2004 2003 Stores Stores**
January $1,575,900,000 $1,507,300,000 4.6% 4.6%
Year-to-Date* $27,270,300,000 $27,633,500,000 -1.3% -1.8%
