Macy's Inc. (Cincinnati) reported total sales of $1.924 billion for the four weeks ended April 30, 2011, an increase of 10.9 percent. On a same-store basis, sales grew 10.8 percent in April.
The department store chain says a late Easter in 2011 shifted some sales into April and out of the March reporting period. For March-April combined, same-store sales were up 5.3 percent in 2011.
“We exceeded our own aggressive expectations for the combined March-April period and for the first quarter,” says Terry Lundgren, chairman, president and ceo of Macy's Inc. “Sales throughout the quarter were especially robust in southern climate zones, which bodes well for our spring fashion offering as the weather becomes warmer and drier in northern markets
For the first quarter, Macy's sales were up 5.7 percent and same-store sales increased 5.4 percent, compared to 2010.