Saks (SKS) Tops Q1 Earnings Views; Guides Q2, FY10 Comps

May 18, 2010 8:02 AM EDT
Saks (NYSE: SKS) reports Q1 EPS of $0.12, ex-items, 7 cents better than the analyst estimate of $0.05. Revenue for the quarter was $667.44 million, which compares to the estimate of $662.36 million.

Sees Q2 comps up low-mid single digit.

Sees FY10 same store sales up mid-single digit.

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Earnings, Guidance, Retail Sales