Saks Inc
- Share via
Saks Inc said fourth-quarter profit rose 26% as the company reduced costs by combining divisions and eliminating jobs. Net income increased to $68.1 million, or 47 cents a share. Sales fell 3.7% to $1.84 billion.
Neiman Marcus Group Inc. said its fiscal second-quarter earnings surged 34% to $32.5 million, or 68 cents a share. Sales rose 3.3% to $938.5 million.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
