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Saks · Saks (Saks Global, private)

My allocationNot heldas of 2026-SEP-03 · allocation page ↗
Research: —1 mention
2026-SEP-11 · Steve Eisman · The Real Eisman Playbook — "The Weekly Wrap" · Neutralmention · ▶ 19:35 · source page ↗

In short: Named only as the cause of Bloomingdale's +11.3% comp: "Bloomingdale's benefits from the demise of Saks."

19:357%, which is not bad, but not great. However, it's high-end division, Bloomingdale's, saw a same-store sales growth of 11.3%. The reason for this strength at Bloomingdale's is that Bloomingdale's benefits from the demise of Saks. Despite the good quarter, however, the stock was down because it projected worse than expected earnings per share in the coming quarter.

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