Saks (SKS)

  • Saks (SKS)

    Saks hatte heute bereits die $12-Hürde geschafft, ist gerade nochmals etwas zurückgekommen. Kommt nochmal und etwas mehr.........war auch schon drüber.........Wir möchten da schon noch etwas höher hinaus. Das sollte bei den guten Geschäften drinliegen. Wenn man den Chart anschaut wäre es Zeit für ein upupup *wink* 8)

    Ich meine natürlich den 5-Jahreschart, das waren Kurse!

  • News

    *wink* Hoffe aber sehr, die kaufen Calls...

    Buy Saks Options on Likely M&A, Morgan Stanley Says

    January 12, 2011, 11:57 AM EST

    Jan. 12 (Bloomberg) -- Investors should use call options to bet on buyouts of Saks Inc., J.C. Penney Co. and OfficeMax Inc. because companies with more cash and less debt are poised to spur mergers globally, Morgan Stanley said.

    Equity derivatives strategists Sivan Mahadevan and Christopher Metli recommended buying calls on the three retailers and Boston Scientific Corp. to position for potential gains in companies that could be bought, while funding the trade by selling longer-dated options. They screened for companies based on factors including elevated analysts’ profit estimates relative to book value, low sales growth, high volatility and high trading volume, according to the report.

    “M&A is a growing theme,” the New York-based strategists wrote in the report published yesterday. “High cash balances, less potential organic growth, and open debt markets could lead to an increase in M&A activity.”

    Mergers and acquisitions are rebounding as the global economy recovers from the worst recession since the Great Depression. There were $2.42 trillion of deals announced worldwide last year, up from $1.9 trillion in 2009. The 1,000 biggest companies worldwide, excluding financial-services industries, have amassed more than $3 trillion in cash and equivalents based on their latest filings, according to data compiled by Bloomberg.

    Buying Calls

    The Morgan Stanley strategists recommended buying three- month calls on the Saks, J.C. Penney and OfficeMax with strike prices 10 percent above the current share level while selling 12-month puts with strike prices 20 percent below the stock price. They also recommended buying Boston Scientific’s three- month calls 5 percent above the stock price while selling 12- month calls 25 percent above the shares.

    Saks has risen 79 percent since the end of 2009. J.C. Penney has advanced 14 percent and OfficeMax 36 percent over the same period, while Boston Scientific has declined 17 percent.

    Calls give the right to buy a security for a certain amount, the strike price, by a set date. Puts convey the right to sell. Investors use options to guard against fluctuations in the price of securities they own, speculate on share-price moves or bet that volatility, or stock swings, will rise or fall.

    --With assistance from Jeffrey McCracken in New York. Editors: Joanna Ossinger, Chris Nagi

    To contact the reporter on this story: Jeff Kearns in New York at

    To contact the editor responsible for this story: Nick Baker at



  • Saks (SKS)

    Ich habe heute alle verkauft bei 11.79. Leider ist es einigermassen mühsam in der letzten Zeit mit den Saks. Sie halten sich zwar gut, aber aufwärts geht es einfach nicht mehr. Bis vielleicht später einmal wieder.

  • Info

    Ev. nicht ganz vergessen:…?c=110111&p=irol-calendar

    14-02-2011 22:20 DEALTALK-U.S. luxury sector getting ready for more deals

    By Phil Wahba and Jessica Hall

    NEW YORK/PHILADELPHIA, Feb 14 (Reuters) - Wall Street bankers, the ultra wealthy and even upper middle class shoppers are once again snapping up diamond rings, $10,000 handbags and designer gowns, priming the U.S. luxury sector for more deals.

    Merger mania has returned to industries such as pharmaceuticals and even stock exchange operators.

    Now, with names such as French conglomerate LVMH and U.S. department stores Saks Inc and Neiman Marcus Group all reporting strong sales in the past year, analysts and bankers say that the high end sector will see some action if U.S. luxury can keep its hot streak going for another quarter or two.

    'Luxury has been ... pretty resilient in the bad economy. It hasn't been across the board, necessarily, but for luxury items and brands that stand the test of time -- icons -- it has been surprisingly good,' said one retail investment banker, who declined to be named because he was not authorized to speak to the media.

    Mergers and acquisitions activity in the U.S. retail sector more than tripled to $19.57 billion in the year ended Feb. 7, according to Thomson Reuters data.

    The vast majority of those deals involved mid-tier chains like J Crew Group, which is being acquired by a buyout shop, and Duane Reade which was bought by rival drugstore chain operator Walgreen Co.

    Worldwide, with the notable exception of British department store Harrods, which was bought in May by sovereign wealth fund Qatar Holding for $2.2 billion, few global deals have involved high-end chains.

    Bankers and analysts don't expect there to be an immediate spurt in deals but say that strong sales last year and a good start in 2011 are a major step in that direction.

    'People continue to repair balance sheets, they're going to play it safe for now,' said Morningstar analyst Paul Swinand.

    Still, even in the absence of megadeals, retailers themselves are looking at smaller deals.

    'Acquisitions are an important part of our growth strategy. We're focused on categories that supplement and strengthen our core brands. In particular, we're very interested in extending our international reach,' Jones Group Inc Chief Executive Wesley Card told Reuters last week.

    While most of Jones' brands such as Nine West and Jones New York, are mid-tier, its portfolio includes luxury brands like Rachel Roy designer clothing, and the company last week credited its recent purchase of shoemaker Stuart Weitzman for part of its sales gains.


    The luxury sector had a strong 2010 as the stock market rally made people more comfortable about buying fancy items and that momentum appears to be continuing so far in 2011.

    'There's a top-tier of luxury that is doing well at moment. Aspirational luxury is starting to show resilience as well,' said a second retail investment banker, who also declined to be named because he was not authorized to speak to the media.

    Improving consumer spending has led to a series of initial public offerings in the past two years, as major U.S. chains like Express Inc and Dollar General Corp have gone public.

    Luxury design houses have not taken part in that IPO surge just yet, with the notable exception of Italy's Prada, which is eyeing a Hong Kong listing.

    Bankers, however, expect luxury department store Neiman Marcus to pull the trigger later this year or next on an IPO or maybe even a merger with another top luxe name.

    Sales at Neiman Marcus and Bergdorf Goodman stores open at least one year rose 7.5 percent in January, continuing gains made in 2010.

    'Neiman Marcus is one of those names that has cachet and quality. It's not trendy glamour, it's endurable luxury,' the first retail banker said. 'Neiman has been trending better than its counterparts and could use this momentum for an IPO.'

    A Neiman spokeswoman did not return a request for comment.

    Neiman was bought by an investor group led by private equity firm TPG Capital and Warburg Pincus LLC in October 2005, and has been in private hands for much longer than usual for a buyout shop target.

    Meanwhile, Saks Inc has been the object of much takeover speculation, especially since Italian billionaire Diego Della Valle, CEO of Tods, doubled his stake in Saks in a matter of weeks last autumn .

    Saks, whose sales took a beating during the recession, said same-store sales rose 6.4 percent for the fiscal year ended in January, lifted by strong holiday sales.

    But analysts say Saks shares are too pricey now to invite a takeover. Saks' shares currently trade at 84 times estimated earnings, compared with the sector average of 31 times estimated earnings, according to Reuters data.

    Morningstar's Swinand says Saks shares have a fair value of $7, far below their current price of $12.58.

    Analysts say it's still just a bit early in luxury's recovery for a major boom in deals and IPOs.

    'Luxury is hot internationally, but I don't know if it is in the United States just yet,' said Morningstar's Swinand.

    (Editing by Steve Orlofsky) (For more M&A news and our DealZone blog, go to Keywords: DEALTALK/LUXURY (; 215-922-1086; Reuters Messaging:


    Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.



  • Ergebnis Q4

    Das Ergebnis darf man anschauen, nicht übel:

    23-02-2011 14:42 DJ Saks Swings To 4Q Profit On Stronger Margins, Direct Sales >SKS

    Name Letzter Veränderung

    NORDSTROM ORD 45.65 - (-)

    SAKS ORD 12.17 - (-)


    Saks Inc. (SKS) swung to a better-than-expected profit in the fiscal fourth-quarter, helped by surprisingly strong holiday sales and resurgent margins as the upscale retailer curtailed promotions on many of its wares.

    The upscale department-store chain benefited from improved margins last year, as cost containment helped the company battle weak sales.

    At Saks Fifth Avenue stores, sales of women's and men's apparel, handbags and shoes drove higher revenue, while the company said its Off 5th same-store sales fell below its overall performance. Saks Direct posted a roughly 36% same-store sales increase.

    Meanwhile, competitor Nordstrom Inc. (JWN) last week reported its fourth-quarter profit rose 35% after comparable sales rebounded in its lower-priced division.

    For the quarter ended Jan. 29, Saks posted a profit of $24.98 million, or 14 cents a share, compared with a year-earlier loss of $4.61 million, or 3 cents a share. Excluding pension charges, benefits from store closures and other items, adjusted per-share earnings were 13 cents, up from a profit of 6 cents a share a year earlier.

    Revenue rose 6.8% to $866.3 million as same-store sales rose 8.4%, which Saks said exceeded its expectations.

    Analysts surveyed by Thomson Reuters estimated a profit of 8 cents a share on $860 million in revenue.

    Gross margin widened to 37.8% from 36.5% as the company increased its full-price selling and cut promotional activity.

    Sakes shares closed Tuesday at $12.17 and were inactive premarket. The stock has climbed 72% over the past 12 months.

    -By Drew FitzGerald, Dow Jones Newswires; 212-416-2909;

    (END) Dow Jones Newswires

    February 23, 2011 08:42 ET (13:42 GMT)

    Copyright (c) 2011 Dow Jones & Company, Inc.



  • Saks Q1/2011

    *wink* Alte Kameraden erinnern...

    17-05-2011 14:38 Saks 1Q Net Up 51% On Same-Store Sales Growth, Better Margins

    Name Letzter Veränderung

    SAKS ORD 11.27 -

    DOW JONES NEWSWIRES Saks Inc.'s (SKS) fiscal first-quarter earnings rose 51%, reflecting solid same-store sales growth and improved margins.

    The results add to further evidence of a rebound in the luxury sector as many high-end retailers have seen customers return to buying full-priced merchandise. The upscale department-store chain also benefited from improved margins last year, as cost containment helped the company battle weak sales.

    For the quarter ended April 30, Saks reported a profit of $28.4 million, or 16 cents a share, up from $18.8 million, or 11 cents a share, a year earlier. Excluding items such as store-closing and debt-extinguishment costs, earnings rose to 17 cents a share from 12 cents.

    Sales rose 8.8% to $726 million, while same-store sales jumped 10.2%.

    Analysts polled by Thomson Reuters had most recently forecast earnings of 16 cents a share on sales of $725 million.

    Gross margin rose to 44.1% from 43.1%.

    Shares closed at $11.27 Monday and were inactive premarket. The stock has risen 21% over the past year.

    -By Melodie Warner, Dow Jones Newswires; 212-416-2283;

    (END) Dow Jones Newswires

    May 17, 2011 08:38 ET (12:38 GMT)

    Copyright (c) 2011 Dow Jones & Company, Inc.



  • Saks (SKS)

    Jooh, bei der Börse kaufen sich viele schon eher etwas lässiges für den Sommer. :P Ich schaue gelegentlich mal hin da. Solange der US$ so tief ist, freuen sich auch die Turis an den Sachen. Man müsste das dann eigentlich bei der Monatsstatistik vom Mai auch sehen, die jeweil Anfang vom Folgemonat rauskommt. :idea: Der Titel könnte ruhig wieder anziehen, die Zeit wäre günstig zum Abmarschieren und Zeit wäre es sowieso dafür.

  • Saks (SKS)

    Ich kaufte gestern hier noch was, wiedermal. Die dürfte schon erfolgreich werden und was bringen. Da war doch einmal ds Kursziel von 15.-? Der Artikel oben ist ganz gut, der Chart war es auch einmal. 8)

  • Info


    02-06-2011 14:48 BRIEF-Saks gives May sales

    Name Letzter Veränderung

    SAKS ORD 11.06 -

    June 2 (Reuters) - Saks Inc:

    * Announces may comparable store sales

    * Auto Alert - May same store sales rose 20.2 percent

    * Auto Alert - May sales rose 17.3 percent to $208.2 million

    * Sees comparable store sales will increase in the low-double digit range for

    the second fiscal quarter

    * May same-store sales view up 6.5 percent -- Thomson Reuters data

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    Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.…-20-2011-06-02?siteid=rss



  • Saks (SKS)

    Das schaut gut aus. :) 8)

    Ich sah mir das gestern, spät, noch an.

    Wenn nur der Dow wieder hochkäme, dann hätten erfolgreiche Unternehmen auch eine Chance,

    dies im Kurs zu spiegeln.

  • Info


    Saks Plans First Store in Kazakstan (SKS)

    Written on Tue, 07/05/2011 - 7:37am

    By SmarTrend Staff

    Saks (NYSE:SKS) announced the planned opening of a licensed Saks Fifth Avenue store in Almaty, Kazakhstan in August 2012. The tri-level, approximate 91,000 square foot store will be the first of its kind in Kazakhstan. In addition to being anchored by Saks Fifth Avenue, the Esentai Shopping Mall will include a large selection of luxury fashion and jewelry brand stores. The shopping Mall will be part of a new mixed-use center which includes luxury residential and commercial towers as well as a five-star hotel. The Saks Fifth Avenue store in Almaty will reflect a modern, streamlined design and will feature a three-story high, state-of-the-art digital video screen on the facade of the building.

    Saks has a potential upside of 4.4% based on a current price of $11.41 and an average consensus analyst price target of $11.92.

    On May 10, 2011, Saks was upgraded two notches to Neutral from Sell at Goldman Sachs. The stock is trading at $11.41 which is 0.95% lower than the upgrade price of $11.52.