The Talbots (TLB) Reports Q2 Loss of $0.39; Comps Down 12%; Guides
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Price: $2.76 --0%
Financial Fact:
Discontinued operations: 0
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Discontinued operations: 0
Today's EPS Names:
BTTX, VAXX, ELYS, More
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The Talbots, Inc. (NYSE: TLB) reports a Q2 non-GAAP loss of $0.39, 5 cents lower than the analyst estimate of ($0.34). Revenues for the quarter were $528 million, versus the consensus of $532 million.
Consolidated same store sales for the quarter came in at down 12%.
Total close down costs of its non-core assets are expected to be a loss of $0.27-$0.32, compared to Talbot's previous estimates of $0.59-$0.64.
The Talbots, Inc., together with its subsidiaries, operates as a specialty retailer and direct marketer of men and women's apparel, shoes, and accessories in the United States, Canada, and the United Kingdom.
Consolidated same store sales for the quarter came in at down 12%.
Total close down costs of its non-core assets are expected to be a loss of $0.27-$0.32, compared to Talbot's previous estimates of $0.59-$0.64.
The Talbots, Inc., together with its subsidiaries, operates as a specialty retailer and direct marketer of men and women's apparel, shoes, and accessories in the United States, Canada, and the United Kingdom.
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