Talbots (TLB) Reports Mixed Q2 Results; Comps Down 1.4%; Guides Q3, Raises FY11 EPS Outlook, Cuts Sales Guidance
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Price: $2.76 --0%
Financial Fact:
Net (loss) earnings: 0.02
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Net (loss) earnings: 0.02
Today's EPS Names:
BTTX, VAXX, ELYS, More
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Talbots (NYSE: TLB) reports Q2 adj-EPS of $0.14, 9 cents better than the analyst estimate of $0.05. Revenue for the quarter was $300.7 million, which compares to the estimate of $316.77 million.
Same-store sales fell 1.4%.
Sees Q3 adj-EPS of 22-28c, vs. the consensus of 30c.
Raises its FY11 EPS guidance from 75-83c to 84-92c, which compares to the Street estimate of 83c. The sales outlook, however, is lowered from up 3-5% to up low-single digits compares to last year's period.
Same-store sales fell 1.4%.
Sees Q3 adj-EPS of 22-28c, vs. the consensus of 30c.
Raises its FY11 EPS guidance from 75-83c to 84-92c, which compares to the Street estimate of 83c. The sales outlook, however, is lowered from up 3-5% to up low-single digits compares to last year's period.
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