ANN, Inc. (ANN) Tops Q4 EPS by 3c; Guides Q1, FY14 Sales
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ANN, Inc. (NYSE: ANN) reported Q4 EPS of $0.10, $0.03 better than the analyst estimate of $0.07. Revenue for the quarter came in at $623.3 million versus the consensus estimate of $623.82 million.
Total Company comparable sales for the quarter increased 2.9% versus a decrease of 0.7% in the fourth quarter of 2012. At Ann Taylor, total brand comparable sales declined 1.1%, reflecting an increase of 0.9% at Ann Taylor, which includes sales results at Ann Taylor stores and anntaylor.com, and a decline of 6.1% in the Ann Taylor Factory channel. At LOFT, total brand comparable sales increased 5.7%, reflecting an increase of 7.6% at LOFT, which includes sales results at LOFT stores and LOFT.com, and a decrease of 3.5% in the LOFT Outlet channel.
Sees FY2014 revenue of $2.615 billion, versus the consensus of $2.16 billion.
Also sees Q1 2014 revenue of $600.0 million, versus the consensus of $613.35 million.
For earnings history and earnings-related data on ANN, Inc. (ANN) click here.
Total Company comparable sales for the quarter increased 2.9% versus a decrease of 0.7% in the fourth quarter of 2012. At Ann Taylor, total brand comparable sales declined 1.1%, reflecting an increase of 0.9% at Ann Taylor, which includes sales results at Ann Taylor stores and anntaylor.com, and a decline of 6.1% in the Ann Taylor Factory channel. At LOFT, total brand comparable sales increased 5.7%, reflecting an increase of 7.6% at LOFT, which includes sales results at LOFT stores and LOFT.com, and a decrease of 3.5% in the LOFT Outlet channel.
Sees FY2014 revenue of $2.615 billion, versus the consensus of $2.16 billion.
Also sees Q1 2014 revenue of $600.0 million, versus the consensus of $613.35 million.
For earnings history and earnings-related data on ANN, Inc. (ANN) click here.
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