Saks Q2 Comparable Store Sales Up 13.2%

U.S. retailer Saks’ July sales totaled $201.4 million compared to $172.4 million in July 2006, a 16.8 percent increase. Comparable store sales increased 14.9 percent during the period.

The strongest categories for the month were men's apparel, accessories, and shoes; women's contemporary, "gold range," and designer sportswear; fine jewelry; and handbags.

Saks second quarter sales totaled $687.9 million compared to $598.2 million in the second quarter of 2006, a 15 percent increase. Comparable store sales increased 13.2 percent.

On a year-to-date basis, for the six months ending August 4, owned sales totaled $1,473.5 million compared to $1,274.6 million for the six months ending July 29, 2006, a 15.6 percent increase. Comparable store sales increased 13.9 percent for the six-month period.