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Profile – Saks, Inc.

Saks is a luxury department store retailer offering upscale fashion apparel, shoes, accessories, jewelry, cosmetics, and gifts to the affluent consumer. As of Jan 30, 2010 the company operated 53 Saks Fifth Avenue stores, 55 Saks OFF 5TH stores, and saks.com.

Headquarters New York, New York
Sector Department Stores
Primary NAICS Code 45211 – Department Stores
Primary SIC Code 5311 – Department Stores
Fiscal Year 2009 Ends on Jan 30, 2010
2008 Net Sales $ 3.0 Billion
2008 Net Income -$ 155.0 Million
Store Count* 108
Total Store Sq Ft* 7,300,000
Employees** 13,000

*as of 1/30/10     **as of 1/31/09




Financial Summary
2008 2007 YoY % Chg 3 YR CAGR 5 YR CAGR
Net Sales (1,000’s) $ 3,029,743 $ 3,224,076 -6.0% 3.5% 4.5%
Same-Store Sales Chg -6.1% 11.7%
Net Income (1,000’s) -$ 154,941 $ 47,473 -426.4% N/A N/A
Diluted EPS -$ 1.12 $ 0.31 -461.3% N/A N/A
Store Count 104 102 2.0% -0.3% -2.0%
Store Sq Ft (1,000s) 7,300 7,400 -1.4% -0.9% -1.8%
Employees 13,000 16,400 -20.7% -9.3% -9.1%
Advertising Spend (1,000s) $ 39,358 $ 42,058 -6.4% -2.1%




Fiscal Year Net Sales by Category (as % of Total)
2008 2007 2006
Women’s Apparel 35.5% 36.9% 37.7%
Accessories 20.2% 20.0% 19.3%
Cosmetics 15.9% 15.3% 16.3%
Men’s Apparel 14.6% 14.3% 13.9%
Women’s Shoes 9.6% 9.1% 8.5%
Other 4.2% 4.4% 4.3%

Saks - 2008 Net Sales by Category


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