Cpi Corp. (CPY) Reports Q3 Loss of $1.03, Offers Q4 Guidance

December 22, 2011 7:32 AM EST
Cpi Corp. (NYSE: CPY) reported Q3 EPS of ($1.03), versus ($1.05) reported last year. Revenue for the quarter came in at $95 million versus the consensus estimate of $93.65 million.

The Company's preliminary comparable same-store net sales on a point-of-sale basis for the first five weeks of the fourth quarter of fiscal 2011, excluding Bella and foreign currency translation, declined 21% to $61.7 million from $77.8 million in the same period last year.


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