Saks SKS
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Saks CEO says sales at flagship store could hit $1 bln
May 23 (Reuters) - Sales at Saks Inc 's flagship store on Manhattan's Fifth Avenue could one day reach $1 billion, Chief Executive Steve Sadove said on Wednesday.
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Industry analysts see the move by Sears Holdings (SHLD) to reduce its stake in Sears Canada to 51% as clearing the path for a host of U.S. retailers to jump in to take advantage of the void as Sears ...
… retailers to jump in to take advantage of the void as Sears Canada trims its operations. Both Nordstrom ( JWN ) and Saks ( SKS ) could jump into a Canadian market that boasts 50% higher sales per square foot at malls than in the U.S., while …
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Saks Reports Solid Quarter, but Slowing Trends Suggest Long-Run Assumptions Could Prove Aggressive
… reported earlier this month, margins were the focal of Saks ' SKS first-quarter update. While gross margins improved 30 ..... implying gross margins just below 37%) suggests to us that Saks customers are either more price sensitive than we realize …
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UPDATE 2- Saks sees gross margin down in current quarter
May 15 (Reuters) - Saks Inc cautioned on Tuesday that gross margin will fall in the current quarter as it increases price cuts to clear inventory in areas like designer women's clothing, where sales disappointed during the period.
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Saks , Inc. SKS Q1 2012 Earnings Call Transcript
Greetings and welcome to the Saks Incorporated First Quarter Earnings Conference Call. At this time ..... morning. This is Steve Sadove, Chairman and CEO of Saks . I'm joined on the call today by Ron Frasch, our …
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Earnings Season Recap: Is Corporate Strength Fading?
… Earnings season is mostly over, but several companies remain to report, including Groupon, Allianz, Home Depot, Mizuho, Saks , Abercrombie & Fitch, EADS, Staples, Target, Dollar Tree and Walmart. Iceland is the only central bank set to meet …
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Citi's Deborah Weinswig cuts her Q1 earnings estimates for J.C. Penney (JCP) and Saks ( SKS ) after seeing other high-profile retailers get hit by increasing online sales and the growing cost of ...
Citi's Deborah Weinswig cuts her Q1 earnings estimates for J.C. Penney ( JCP ) and Saks ( SKS ) after seeing other high-profile retailers get hit by increasing online sales and the growing cost of matching free shipping …
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New Morningstar Analyst Report - Nordstrom
… to the retail business. Saks is attempting to reposition its Saks Fifth Avenue chain as a retailer of both ..... s. Competitors such as Saks are no longer expanding ..... consumer's wallet, while Saks SKS has been adding affordable …
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New Morningstar Analyst Report - Blue Nile
… online, and in a wide variety of price and quality niches. In addition, large traditional retailers such as Macy's M, Saks SKS , and Nordstrom JWN (at the high end) and even Target TGT and Sears SHLD are selling online. The low end is dominated …
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Saks ( SKS ) same-store sales: +2.0% misses consensus of +4.0%. (PR)
Saks ( SKS ) same-store sales: +2.0% misses consensus of +4.0%. ( PR ) Post your comment!