TITLE

Saks Trims Loss In Second Qtr

PUB. DATE
August 2010
SOURCE
WWD: Women's Wear Daily;8/18/2010, Vol. 200 Issue 36, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article offers information on the financial performance of Saks Inc. in the second quarter of 2010. It states that its loss has decreased from 54.5 to 32.2 million dollars and closing of its five units in the U.S. led to 12.8 million dollars profit in after-tax charges and represented 50 million dollars in annual revenue. It mentions that its sales rose by 4.6 percent and operating loss declined from 67.7 to 44.4 million dollars.
ACCESSION #
53149558

 

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