Sales shortfall hurts Saks' quarter net

Ryan, Thomas J.
March 2000
WWD: Women's Wear Daily;3/15/2000, Vol. 179 Issue 51, p2
Trade Publication
Reports on a decline in New York, New York-based Saks Inc.'s earnings in the fourth quarter of fiscal 1999 due to weak sales and margins. consistency of the firm's financial performance in 1999 and its expected earnings.


Related Articles

  • Saks Surprise Sparks Stock. Clark, Evan // WWD: Women's Wear Daily;3/6/2003, Vol. 185 Issue 46, p3 

    Highlights the financial performance of Saks Inc. for the year ended 2002. Net income; Income per share; Positive performance of Saks Fifth Avenue luxury unit.

  • Miller brings upbeat report to Saks holders' meeting. Molin, David // WWD: Women's Wear Daily;6/16/1998, Vol. 175 Issue 114, p2 

    Deals with the financial performance of Saks Fifth Avenue company in 1997. Performance of its stocks during June 1998; Reduction in the debt to capital ratio; Gain in operating income.

  • New Internet Site, New Look for SFA. Lee, Georgia // WWD: Women's Wear Daily;6/22/2000, Vol. 179 Issue 121, p15 

    Reports on clothing retailer Saks Inc.'s efforts to focus its energies on the consumer, after a year of corporate streamlining and reorganization. Launch of its saksfifthavenue.com Web site; Company's earnings performance for the first quarter of 2000; Comp store sales growth; Hot growth areas...

  • Saks staggers under expense load.  // Home Textiles Today;12/1/2003, Vol. 25 Issue 13, p18 

    Reports on the decline in the profits of Alabama-based retail chain Saks Inc. in the third quarter of 2003. Rise in the company's expenses as a percentage of sales; Net income.

  • Saks Inc. plans to chop 460 jobs, warns of shortfall in quarter net. Moin, David // WWD: Women's Wear Daily;2/18/2000, Vol. 179 Issue 34, p2 

    Reports on Birmingham, Alabama-based department store operator Saks Inc.'s plan to cut 460 jobs by eliminating the home offices of the McRae's and Herberger's divisions and shutting down a Herberger's distribution center in the fall of 2000. Company's earnings for the fourth quarter of 1999;...

  • Saks cuts losses in 3Q despite sales decline.  // Home Textiles Today;12/2/2002, Vol. 24 Issue 13, p23 

    Focuses on the sales decline of the Saks Inc. in the third quarter earning of 2002 in Birmingham, Alabama. Recovery from the decrease sales; Identification of the operating profit; Statement of Brad Martin, chief executive officer on gross margin improvements.

  • SHAKE-UP AT SAKS FIFTH AVENUE. Moin, David // WWD: Women's Wear Daily;12/12/2006, Vol. 192 Issue 123, Special Section p7 

    The article focuses on the business condition of fashion retailer Saks Inc. At the beginning of 2006, the company was a confused conglomeration of regional chains as well as Saks Fifth Avenue. The company posted $12.5 million in income from continuing operations for the third quarter ended...

  • Saks profit undercut by weak sales, costs. Hogsett, Don // Home Textiles Today;5/26/2003, Vol. 24 Issue 37, p20 

    Reports on the increase in the profit of the retailer Saks Inc. in the U.S. Decline in the sales of the firm; Average gross margins of the company; Increment in the level of promotional activity of the firm.

  • Saks Returns To Black. MOIN, DAVID // WWD: Women's Wear Daily;2/24/2011, Vol. 201 Issue 39, p6 

    The article offers information on the financial performance of Saks Inc. It states that the company reported a net earnings of 25 million dollars and a rise of 8.4 percent in sales in the fourth quarter that ended January 29, 2011. It mentions various strategies of the company for its growth in...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics