Sears April Comparable Sales Increase 1.3 Percent
Sears, Roebuck and Co. (NYSE: S) announced total domestic store revenues for the four weeks ending May 5, 2001 were $2.22 billion. Comparable domestic store revenues increased 1.3 percent. Total domestic store revenues increased 1.7 percent compared to $2.19 billion for the four weeks ending May 6, 2000.
"While the overall retail environment continues to be challenging, our specialty formats performed well this month. Sears Automotive, Hardware and Dealer stores showed strong increases, while The Great Indoors achieved a solid increase," said Chairman and Chief Executive Officer Alan J. Lacy. "In the Full-line stores, double-digit increases in lawn and garden, and solid increases in appliances, footwear and sporting goods were offset by decreases across other categories."
Sears, Roebuck and Co. is a leading U.S. retailer of apparel, home and automotive products and services, with annual revenue of more than $40 billion. The company serves families throughout the country through approximately 860 department stores, more than 2,100 specialized retail locations, and a variety of online offerings accessible through the company's Web site, sears.com . The company makes available by phone a recorded message on sales performance of its domestic stores. The message is updated weekly and can be heard by calling 847-286-6111.
Sears, Roebuck and Co.
4 Weeks 13 Weeks
2001 Domestic Store Revenues $2,222,500,000 $6,753,300,000
2000 Domestic Store Revenues 2,186,400,000 6,884,000,000
Percent Change 1.7% -1.9%
Comparable Domestic Stores Percent Change 1.3% -2.2%
SOURCE: Sears, Roebuck and Co.
Contact: Peggy A. Palter of Sears, Roebuck and Co., 847-286-8361
Website: http://www.sears.com/