Login
|
Saks Keeps Pace In Q3 Monday November 19th, 2012 - 1:12PM
These are shortcuts to your favorite social networking and bookmark sites. Add this story to your Facebook page, del.icio.us, DiggIt, and many others!
For the third quarter ended October 27, Saks Inc. recorded net income of $22.6 million, or 14 cents per diluted share. Excluding the reversal of Federal income tax reserve, the company posted net income of $19.3 million, or 12 cents per share, for the quarter. In the 2011 third quarter, Saks reported net income of $17.8 million, or 11 cents per diluted share. Earnings per share met a Zacks Consensus Estimate of financial analysts. The company said total sales increased 3% to $713.2 million. Comparable store sales increased 3.3% in the quarter, the company stated. Tags: Housewares Cookware & Bakeware Vacuum Cleaners/Electric Cleaning Health & Personal Care Home Décor Home Environment Small Electrics Organization & Cleaning Tabletop Gadgets & Kitchen Tools Retail Financials |
Target Q1 Earnings Surprise Despite Soft Sales »
Best Buy Posts Q1 Loss But Results Aren't As Bad As Expected
Home Depot Q1 Beats Weather, Wall Street
Nordstom Racks Up Sales But Still Comes Up Short In Q1
Kohl's Roughed Up In Q1 But Earnings Beat Street
Lifetime Brands, Bombay Co. Ink Licensing Deal
Dissecting what Ron Johnson got wrong during his brief, calamitous term at the helm of J.C. Penney is sure to be the focal point of retail strategy and tactics lessons for years to come. But Penney’s future could still hinge to some extent on what he got right.
