Saks, Inc. (SKS) Tops Q4 EPS by 2c; Sees 2013 Comps Up 3-5%

Saks, Inc. (NYSE: SKS) reported Q4 EPS of $0.17, $0.02 better than the analyst estimate of $0.15. Revenue for the quarter came in at $976.6 million versus the consensus estimate of $963.14 million. For the 13 weeks ended January 26, 2013 compared to the 13 weeks ended January 28, 2012, fourth quarter total sales increased 1.0%, and comparable store sales increased 0.7%.

For 2013, comparable store sales are expected to grow in the 3% to 5% range.

For earnings history and earnings-related data on Saks, Inc. (SKS) click here.

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