Saks Inc SKS reported an 11.9% surge in its June sales at stores open at least one year.
Analysts were expecting same-store sales to surge 7%. The retailer's total sales for the five weeks ended July 2 climbed 8.7% to $258.6 million.
Saks shares gained 2.98% to $11.75 in pre-market trading.
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Posted In: NewsRetail SalesPre-Market OutlookConsumer DiscretionaryDepartment StoresSame-store sales
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