SAKS INCORPORATED (NY:SKS)

View All ReportsStreetInsider.com Reports on SKS

Nov 17, 2009 10:32 AM Morning Movers 11/17: ZOOM, SMTL, AGO, ABCW, XJT Higher; INOC, QUIK, PSUN, ERI, FTK, TBUS Lower

Nov 17, 2009 08:02 AM Saks (SKS) Reports Q3 EPS of $0.01; Comps Down 10.1%; Guides Q4 Same Store Sales

Nov 16, 2009 02:42 PM Trading Radar for 11/17: Home Depot (HD), Saks (SKS), Target (TGT), Autodesk (ADSK), La-Z-Boy (LZB) Report

Nov 16, 2009 01:32 PM Goldman Ups Estimates, Price Targets on COST, TIF, SKS

Nov 5, 2009 08:35 AM Saks (SKS) Reports October 2009 Store Sales, Comps Up

View All Press ReleasesCompany Press Releases on SKS

Nov 17, 2009 08:00AM Saks Incorporated Announces Results for the Third Quarter and Nine Months Ended October 31, 2009

Nov 9, 2009 04:30PM Saks Incorporated to Present at Citi's 6th Annual Small/Mid Cap Conference

Nov 5, 2009 08:57AM Business Wire Retail Report on October 2009 Retail Sales Figures

Nov 5, 2009 08:30AM Saks Incorporated Announces October Comparable Store Sales Increase

Oct 8, 2009 08:53AM Business Wire Retail Report on September 2009 Retail Sales Figures

StreetInsider Reports on SKS by Category

• Analyst Ratings
• Mergers and Acquisitions
• Earnings
• Guidance
• Stock Buybacks
• Dividends
• Retail Sales
• Management Changes
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View All BlogsBlogs on SKS

Nov 20, 2009 05:27 AM RIP: Retail Stores Closed in 2009

Nov 19, 2009 06:38 AM Coach's Short, Bumpy Ride

Nov 19, 2009 06:07 AM Retail Earnings from Luxury to Discount

Nov 18, 2009 08:40 AM Dillard's, Saks swing to Q3 profits; TJX earnings soar

Nov 18, 2009 06:03 AM Saks Disappoints Shorts with Surprise Earnings

View All FilingsSEC Filings on SKS

Nov 17, 2009 09:34AM Form 8-K SAKS INC For: Nov 17

Nov 5, 2009 09:47AM Form 8-K SAKS INC For: Nov 05

Oct 21, 2009 07:00AM Form 8-K SAKS INC For: Oct 19

Oct 8, 2009 11:58AM Form 8-K SAKS INC For: Oct 08

Oct 1, 2009 06:19AM Form 8-K SAKS INC For: Sep 30

Comments on recent SKS articles

nikeclubs
on Oct 17, 2009
at 03:54 AM uggboots Welcome Guest! uggs boots jordan shoes Nike Air Jordan Shoes Nike Air Jordan Shoes timberland, Supra Shoes
Article: Goldman Sachs Lifts Price Targets and Estimates On Select Retails Names

Kelly
on Jul 21, 2009
at 04:26 PM Club Libby Lu Gift Card Same question regarding gift cards? How can I get a refund for a gift card? OR Can it be used at another SAKS store or Online? Thanks knorflet@sbcblobal.net
Article: Saks Incorporated (SKS) to Discontinue Club Libby Lu Operations

Neeraj Seth
on Apr 27, 2009
at 06:30 PM gift card refund You cannot refud the card, but if you call the number on the back of the card and ask for customer service and they will send you a gift card for saks 5th avenue
Article: Saks Incorporated (SKS) to Discontinue Club Libby Lu Operations

Mona
on Feb 15, 2009
at 11:58 PM gift card How do I get a refund for my Club Libby lu gift card??? Can i use it at another one of you stores???? Thanks Mromas1028@aol.com
Article: Saks Incorporated (SKS) to Discontinue Club Libby Lu Operations

SG
on Dec 26, 2008
at 09:09 PM TIF The SpendingPulse research went on to say: "Luxury sales, which include sales at high-end department stores, leather goods boutiques, pricier jewelry stores and restaurants, fell 34.5 percent, SpendingPulse said. Excluding jewelry, sales fell 21.2 percent." http://money.cnn.com/2008/12/25/news/economy/dismal_holiday.reut/index.htm?postversion=2008122520 So... it appears that luxury jewelry sales may have fallen as much as 40% to 50% over the holidays. That being said, I spent alot of money at Tiffany's in December of 2007 (zero this year) and the sales rep I dealt with was kind enough to share her thoughts on this year and a 40% to 50% reduction in sales does appear to be very reasonable. It will be interesting to see how sales perform internationally for Tiffany's but given we are in a global recession and I strongly believe a fundamental change in spending has occured I do not see this company performing as well in 2009 or 2010. Brian Tunick, managing director of specialty retail for JP Morgan was asked which retail stocks he would short for 2009, Tunick noted Men's Warehouse, Tiffany and Abercrombie & Fitch. http://www.thestreet.com/story/10454968/3/fast-money-recap-looking-ahead-to-2009.html I think he is right on and would buy Tiffany at $15/share but wouldn't touch it with a 10 foot pole at $22/share. People are no longer using their homes as credit cards and nobody is safe at any income level from this recession as job layoffs are forecasted to continue at historically high levels in 2009. Most companies have already finished their 2009 business and staffing plans and the 2008 economic bad news will filter through into even more corporate layoffs in 2009. 2008 sales numbers will make 2009 look really good in comparison.
Article: Tiffany (TIF) Holds Up Well In Face of Horrible Luxury Sales Numbers

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