Gordman's Stores (GMAN) Tops Q3 EPS by 2c; Issues Light Q4 Outlook

Gordman's Stores (NASDAQ: GMAN) reported Q3 EPS of ($0.25), $0.02 better than the analyst estimate of ($0.27). Revenue for the quarter came in at $143.5 million versus the consensus estimate of $145.66 million.

Comparable store sales on an owned basis decreased 9.5%. On an owned plus licensed basis, comparable store sales declined 9.3%.

GUIDANCE:

Gordman's Stores sees Q4 2016 EPS of $0.01 - $0.06, versus the consensus of $0.08. Gordman's Stores sees Q4 2016 revenue of $197 - $203 million, versus the consensus of $211.1 million.

For earnings history and earnings-related data on Gordman's Stores (GMAN) click here.

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