Saks Global bankruptcy
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What Wall Street Is Watching Ahead of Caleres’ Q4 Report: Saks Bankruptcy Impact, Tariffs and Stuart Weitzman
Yahoo Finance· 2026-03-16 16:51
Caleres Inc.’s fourth quarter sales and earnings could see impact from the Saks Global bankruptcy. That was the word from Dana Telsey, chief investment officer at Telsey Advisory Group (TAG). She noted that the company previously said a Saks Chapter 11 could result in up to a drag of 6-cents-a-share to fourth quarter EPS (earnings per share) and reaffirmed prior guidance. But there’s a chance the company could incur a restructuring charge not previously announced. More from WWD In the fourth quarter ear ...