More on Saks (SKS): Same-store sales up 4.7% Y/Y - led by strength in contemporary apparel,...

|About: Saks Incorporated (SKS)|By:, SA News Editor

More on Saks (SKS): Same-store sales up 4.7% Y/Y - led by strength in contemporary apparel, fashion and fine jewelry, and shoes. SG&A expenses up 20 bps to 27.1% of sales as tech spending increased. Reaffirms previous guidance, including comparable store sales growth in the mid-single digit range for H2. Shares +0.5% premarket. (PR)