Sears September Same-Store Sales Rise 3.2%

Sears, Roebuck and Co. announced that comparable domestic store revenues increased 3.2% for the five weeks ended Oct. 4, 2003. Total domestic store revenues were $2.5 billion for the five week period in September 2003, up 3.5% compared with the five weeks ended Oct. 5, 2002.

“Women's ready-to-wear and men's apparel posted significant gains, driven by strong performances by the Lands' End and Covington brands,” said Chairman and CEO Alan J. Lacy. “The lawn and garden, fitness and footwear businesses continued to be strong, while home appliances also showed a solid increase for the month.”

September revenues also included a high-single digit increase in revenues from Sears Hardware stores, as well as a mid-single digit increase in Dealer stores.

     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
                       October 4,        October 5,          All      Comp
                          2003              2002           Stores   Stores**
     September       $2,453,300,000     $2,369,700,000       3.5%      3.2%
     Year-to-Date*  $17,408,700,000    $17,692,700,000      -1.6%     -2.2%