Rue21, Inc. (RUE) Tops Q4 EPS by 2c; Guides Slightly Below the Street

Rue21, Inc. (NASDAQ: RUE) reported Q4 EPS of $0.65, $0.02 better than the analyst estimate of $0.63. Revenue for the quarter came in at $269.1 million versus the consensus estimate of $270.49 million. Comparable store sales increase for the quarter of 0.7% following a 2.2% decrease in the fourth quarter of fiscal 2011

Rue21, Inc. sees FY2013 EPS of $2.10-2.15, versus the consensus of $2.16. The Company expects comparable store sales growth in 2013 to be in the low single digits.

Rue21, Inc. sees Q1 2013 EPS of $0.47-0.50, versus the consensus of $0.54. The Company currently expects comparable store sales growth in the first quarter of fiscal 2013 to be slightly negative to slightly positive.

The board of directors also authorized an additional $25 million for the stock repurchase program.

For earnings history and earnings-related data on Rue21, Inc. (RUE) click here.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Ondas Holdings Inc. (ONDS) Misses Q2 EPS by 9c
• Melco Resorts & Entertainment (MLCO) Misses Q2 EPS by 7c
• Paysafe Limited (PSFE) Misses Q2 EPS by 43c; offers guidance