Saks Incorporated Announces November Comparable Store Sales

NEW YORK-- (BUSINESS WIRE) -- Retailer Saks Incorporated (NYSE: SKS) today announced that owned sales totaled $254.9 million for the four weeks ended November 27, 2010 compared to $245.1 million for the four weeks ended November 28, 2009, a 4.0% increase. Comparable store sales increased 5.3% for the month. On a year-to-date basis, for the ten months ended November 27, 2010, owned sales totaled $2,144.7 million compared to $2,039.4 million for the ten months ended November 28, 2009, a 5.2% increase. Comparable store sales increased 5.5% for the ten months. For November, the strongest categories at Saks Fifth Avenue