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CPI Corp. (CPY) Misses Q4 EPS Views; Sees Challenges in FY11

April 19, 2011 7:36 AM EDT
CPI Corp. (NYSE: CPY) reported Q4 EPS of $2.24, $0.16 worse than the analyst estimate of $2.40. Revenue for the quarter came in at $128.9 million versus the consensus estimate of $133.53 million.

CPI's President and Chief Executive Officer, Renato Cataldo, commented: "Looking ahead to 2011, we expect continued top-line challenges, especially in view of the higher food and energy prices and job insecurity that are weighing especially heavily on our core customer."


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Earnings, Guidance