ANN, Inc. (ANN) Tops Q4 EPS by 15c; Guides Q1, FY15
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ANN, Inc. (NYSE: ANN) reported Q4 EPS of $0.12, $0.15 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $605 million versus the consensus estimate of $626.53 million.
Total Company comparable sales for the quarter increased 1.0% on top of an increase of 2.9% in the fourth quarter of 2013. At Ann Taylor, total brand comparable sales declined 0.4%, reflecting flat comparable sales at Ann Taylor, which includes Ann Taylor stores and anntaylor.com, and a decline of 1.5% in the Ann Taylor Factory channel. At LOFT, total brand comparable sales increased 1.9%, reflecting an increase of 1.0% at LOFT, which includes LOFT stores and LOFT.com, and an increase of 6.6% in the LOFT Outlet channel.
ANN, Inc. sees FY2015 revenue of $605.0 million, versus the consensus of $605.1 million.
ANN, Inc. sees FY2015 revenue of $2.565 billion, versus the consensus of $2.60 billion.
For earnings history and earnings-related data on ANN, Inc. (ANN) click here.
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