SAKS INC (SKS) financial statements (2022 and earlier)

Company profile

Business Address 12 EAST 49TH STREET
NEW YORK, NY 10017
State of Incorp. TN
Fiscal Year End January 31
SIC 5311 - Department Stores (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

Current Assets
Cash, cash equivalents, and short-term investments80
Cash and cash equivalents80
Inventory, net of allowances, customer advances and progress billings823
Prepaid expense and other current assets100
Other undisclosed current assets79
Total current assets:1,082
Noncurrent Assets
Property, plant and equipment875
Prepaid expense and other noncurrent assets11
Other undisclosed noncurrent assets122
Total noncurrent assets:1,008
Current Liabilities
Accounts payable and accrued liabilities302
Accrued liabilities247
Employee-related liabilities55
Other undisclosed current liabilities144
Total current liabilities:545
Noncurrent Liabilities
Long-term debt and lease obligation, including:261
Other undisclosed long-term debt and lease obligation261
Liabilities, other than long-term debt244
Deferred revenue and credits79
Pension and other postretirement defined benefit plans, liabilities31
Other liabilities134
Total noncurrent liabilities:504
Total liabilities:1,050
Stockholders' equity
Stockholders' equity attributable to parent1,150
Common stock15
Additional paid in capital1,173
Accumulated other comprehensive loss(50)
Retained earnings12
Total stockholders' equity:1,150
Other undisclosed liabilities and equity(109)

Income statement (P&L) ($ in millions)

Revenue, net3,148
Cost of revenue
(Cost of Goods and Services Sold)
Other undisclosed gross profit(1,890)
Gross profit:1,278
Operating expenses(948)
Other undisclosed operating loss(191)
Operating income:138
Nonoperating income2
Investment income, nonoperating0
Other nonoperating income2
Interest and debt expense(41)
Income from continuing operations before equity method investments, income taxes:100
Other undisclosed loss from continuing operations before income taxes(0)
Income from continuing operations before income taxes:99
Income tax expense(37)
Net income available to common stockholders, basic:63
Interest on convertible debt8
Net income available to common stockholders, diluted:71

Comprehensive Income ($ in millions)

Net income:63
Comprehensive income:63
Other undisclosed comprehensive income, net of tax, attributable to parent5
Comprehensive income, net of tax, attributable to parent:68

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios


Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: