Talbots, Inc. (TLB) Reports Mixed Q1 Results; Comments on Q2 Outlook

June 7, 2011 7:31 AM EDT
Talbots, Inc. (NYSE: TLB) reported Q1 EPS of $0.08, $0.05 better than the analyst estimate of $0.03. Revenue for the quarter came in at $301.3 million versus the consensus estimate of $306.26 million.

Same-store sales fell 6.5%.

Sees Q2 sales, gross margin lower compared to last year.


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Earnings, Guidance, Retail Sales