Saks Incorporated October Comparable Store Sales up 8.1%

Retailer Saks Incorporated SKS today announced that owned sales totaled $233.9 million for the four weeks ended October 30, 2010 compared to $219.9 million for the four weeks ended October 31, 2009, a 6.4% increase. Comparable store sales increased 8.1% for the month. For the third quarter ended October 30, 2010, owned sales totaled $649.6 million compared to $622.7 million for the quarter ended October 31, 2009, a 4.3% increase. Comparable store sales increased 5.7% for the quarter. On a year-to-date basis, for the nine months ended October 30, 2010, owned sales totaled $1,889.8 million compared to $1,794.3 million for the nine months ended October 31, 2009, a 5.3% increase. Comparable store sales increased 5.5% for the nine months.