Saks Incorporated Announces March Comparable Store Sales +6.3%

Retailer Saks Incorporated

today announced that owned sales totaled $276.5 million for the five weeks ended March 31, 2012 compared to $260.2 million for the five weeks ended April 2, 2011, a 6.3% increase. Comparable store sales also increased 6.3% for the month. On a year-to-date basis for the two months ended March 31, 2012, owned sales totaled $484.4 million compared to $456.3 million for the two months ended April 2, 2011, a 6.2% increase. Comparable store sales increased 6.4% for the two-month period.