AnnTaylor (ANN) Tops Q4 EPS View by 2c; Comps Up 11%; Adds $200M to Buyback; Guides Revs Above

March 11, 2011 7:37 AM EST
AnnTaylor Stores Corp. (NYSE: ANN) reported Q4 adj-EPS of $0.19, 2 cents better than the analyst estimate of $0.17. Revenue for the quarter came in at $515.3 million versus the consensus estimate of $515.14 million.

Comps up 11%.

Adds $200 million to stock buyback.

Changing corp. name to Ann, Inc.

Sees Q111 sales about $510 million, versus $488

Sees FY11 2.175 billion, versus $1.98 billion.


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