News for Saks Incorporated
Nov 17 · 12:16:00 PM · Source: Company News Release
Saks Tuesday said that for the third quarter ended October 31, 2009 the Company posted net income of $1.9 million, or $.01 per share. This compares to a net loss of $43.7 million, or $.32 per share, for the prior year third quarter ended November 1, 2008. Revenue fell 8.5 percent to $631.4 million from $690.3 million a year earlier, and sales at stores open more than a year declined 10.1 percent.
The slight profit surprised analysts.
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter
Nov 5 · 1:44:00 PM · Source: Company News
Saks Incorporated Thursday said that owned sales totaled $219.8 million for the four weeks ended October 31, 2009 compared to $216.0 million for the four weeks ended November 1, 2008, a 1.8% increase. Comparable store sales increased 0.7% for the month
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter
Advertisement