Skip to main content
See every side of every news story
Get Started
SubscribeLogin
Published • loading... • Updated

Saks Global Struggles Continue as Q1 Sales, Profit Decline

NO LOC, JUL 17 – Saks Global reported a $232 million net loss and $1.6 billion revenue in Q1, highlighting cost reductions and improved liquidity amid ongoing business transformation.

Summary by RetailWit
The company beat its own expectations and says it’s making progress, though analysts warn it’s losing customers to Bloomingdale’s and Nordstrom.

3 Articles

retaildive.comretaildive.com
Center

Saks Global struggles continue as Q1 sales, profit decline

The company beat its own expectations and says it’s making progress, though analysts warn it’s losing customers to Bloomingdale’s and Nordstrom.

Read Full Article
WWDWWD
Center

Saks Global Posts Q1 Top- and Bottom-line Declines, but Underscores Progress ‘Transforming’ the Business

Saks Global posted top- and bottom-line declines in Q1, but CEO Marc Metrick said the luxury retailer's transformation is moving ahead.

·United States
Read Full Article
RetailWitRetailWit

Saks Global struggles continue as Q1 sales, profit decline – RetailWit

The company beat its own expectations and says it’s making progress, though analysts warn it’s losing customers to Bloomingdale’s and Nordstrom.

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

WWD broke the news in United States on Thursday, July 17, 2025.
Sources are mostly out of (0)

Similar News Topics

Nordstrom icon

Nordstrom

News
For You
SearchBlindspotLocal