• M (NYSE)
  • $58.98
  • +0.59

2012 Sales By Month

(Dollars in Millions)
Month Sales # Stores % Change
Comparable Owned Sales (1)
% Change
Comparable Owned and Licensed Sales (2)
February $1,860 842 4.6%  
March $2,359 844 7.3%  
April $1,924 844 1.2%  
1st QTR $6,143   4.4% 4.6%
May $2,014 845 4.2%  
June $2,412 846 1.2%  
July $1,693 845 4.1%  
2nd QTR $6,118 3.0% 3.2%
August $1,811 846 5.1%  
September $2,357 847 2.5%  
October $1,907 846 4.1%  
3rd QTR $6,075 3.7% 3.9%
November $2,449 847 -0.7%  
December $5,102 847 4.1%  
January $1,799 841 11.7%  
4th QTR $9,350 3.9% 4.2%
TOTAL $27,686 3.7% 4.0%

(1) Represents the period-to-period change in net sales from stores in operation throughout 2012 and 2011 and all net Internet sales, adjusting for 53rd week in 2012, excluding commissions from departments licensed to third parties.

(2) Represents comparable sales growth including the impact of growth in sales of departments licensed to third parties occurring in stores in operation throughout the 2012 and 2011 and via the Internet. The Company licenses third parties to operate certain departments in its stores and online and receives commissions from these third parties based on a percentage of their net sales. In its financial statements prepared in conformity with GAAP, the Company includes these commissions (rather than sales of the departments licensed to third parties) in its net sales. The Company does not, however, include any amounts in respect of licensed department sales (or any commissions earned on such sales) in its comparable sales in accordance with GAAP. The impact of growth in comparable sales of departments licensed to third parties amounted to 0.2%, 0.2%, 0.2% and 0.3% for the 1st, 2nd, 3rd and 4th quarters of 2012, respectively, and 0.3% for fiscal 2012.