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SAKS INCORPORATED (NY:SKS)

6.41 0.09 (1.38%)
SAKS INCORPORATED (NY:SKS) Delayed :
Previous Close $6.50    52 Week High $7.45 
Open $6.53    52 Week Low $1.50 
Day High $6.58    P/E N/A 
Day Low $6.40    EPS $-0.90 
Volume 3,035,536       
More SKS Info: Chart SEC Filings Profile Historical Options

Saks Inc. Summary

Saks Incorporated and its subsidiaries operate department stores in the United States. It operates stores under the brand names of Saks Fifth Avenue, Off Fifth, and Club Libby Lu. The company's stores offer apparel, shoes, accessories, jewelry, cosmetics, gifts, and decorative home furnishings.

Executives

Stephen Sadove - Chairman, CEO
Ronald Frasch - President, Chief Merchandising Officer

Links

http://www.saksincorporated.com/

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StreetInsider Reports on SKS by Category

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
View All Filings

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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