Author: Ivaylo Dagnev
123jump.com
Last Update: 9:34 AM EDT May 16 2006


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Saks Inc, department store operator, reported Q1 earnings of 60 cents a share, up from a profit of 11 cents a share a year-ago. Q1 includes a net after-tax gain of 52 cents a share, primarily connected with the sale of its SDSG Northern Department Store Group assets, among other items.