The Talbots, Inc. (TLB) Reports Second Quarter Sales, Guides for Q2
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Price: $2.76 --0%
Financial Fact:
Interest expense, net: 4.63M
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Interest expense, net: 4.63M
Today's EPS Names:
BTTX, VAXX, ELYS, More
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The Talbots, Inc. (NYSE: TLB) reports total company comparable store sales rose 1.3% for the thirteen-week period. By brand, comparable store sales for Talbots increased 3.0%. This was driven by particularly strong selling throughout June and July, which grew a healthy 6.5% in comp sales for the combined two month period. J. Jill's comparable store sales declined 8.2% in the second quarter, below Company expectations.
The company sees Q2 GAAP EPS at a loss of $0.08-0.10 per share vs. current consensus for a loss of $0.09. Excluding the estimate for costs and adjustments, earnings per diluted share would be in the range of positive $0.08 to $0.10 per share. Further, earnings per diluted share excluding approximately $0.03 in stock option expense for the period would be in the range of positive $0.11 to $0.13 per share.
The company sees Q2 GAAP EPS at a loss of $0.08-0.10 per share vs. current consensus for a loss of $0.09. Excluding the estimate for costs and adjustments, earnings per diluted share would be in the range of positive $0.08 to $0.10 per share. Further, earnings per diluted share excluding approximately $0.03 in stock option expense for the period would be in the range of positive $0.11 to $0.13 per share.
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