Saks Incorporated January Comparable Store Sales up 4.4%

Retailer Saks Incorporated SKS today announced that owned sales totaled $163.6 million for the four weeks ended January 29, 2011 compared to $158.9 million for the four weeks ended January 30, 2010, a 3.0% increase. Comparable store sales increased 4.4% for the month. For the fourth quarter ended January 29, 2011, owned sales totaled $850.8 million compared to $797.7 million for the quarter ended January 30, 2010, a 6.7% increase. Comparable store sales increased 8.4% for the fourth quarter.