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Press release from Business Wire

Saks Incorporated Announces February Comparable Store Sales

Thursday, March 03, 2011

Saks Incorporated Announces February Comparable Store Sales08:30 EST Thursday, March 03, 2011 NEW YORK (Business Wire) -- Retailer Saks Incorporated (NYSE: SKS) today announced that owned sales totaled $196.2 million for the four weeks ended February 26, 2011 compared to $171.7 million for the four weeks ended February 27, 2010, a 14.2% increase. Comparable store sales increased 15.3% for the month. For February, the strongest categories at Saks Fifth Avenue stores included women's apparel, men's apparel, shoes, handbags, fashion jewelry, cosmetics, and fragrances. Saks Direct performed well during the month. Saks Incorporated operates 47 Saks Fifth Avenue stores, 57 Saks OFF 5TH stores, and saks.com. Saks IncorporatedJulia Bentley, 865-981-6243www.saksincorporated.com