Saks reveals $100 million loss in no-questions creditor call

Saks Global Enterprises told creditors it had an adjusted loss of more than $100 million last fiscal year, one day after it announced a $350 million financial lifeline ahead of a looming coupon payment.

Jun 1, 2025 - 00:25
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Saks reveals $100 million loss in no-questions creditor call
Saks Global Enterprises told creditors it had an adjusted loss of more than $100 million last fiscal year, one day after it announced a $350 million financial lifeline ahead of a looming coupon payment.