ANN, Inc. (ANN) Tops Q3 EPS by 3c; Guides Q4, FY13 Revs
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ANN, Inc. (NYSE: ANN) reported Q3 EPS of $0.89, $0.03 better than the analyst estimate of $0.86. Revenue for the quarter came in at $657.5 million versus the consensus estimate of $654.25 million.
Total Company comparable sales for the quarter increased 3.7%, on top of an increase of 5.5% in the third quarter of 2012. At Ann Taylor, total brand comparable sales increased 0.6%, reflecting an increase of 4.4% at Ann Taylor, which includes sales results at both Ann Taylor stores and anntaylor.com, and a decline of 6.9% in the Ann Taylor Factory channel. At LOFT, total brand comparable sales were up 5.6%, reflecting an increase of 6.3% at LOFT, which includes sales results at both LOFT stores and LOFT.com, and an increase of 1.8% in the LOFT Outlet channel.
Sees Q4 2013 revenue of $640 million, versus the consensus of $646.23 million. Comps up in mid-single-digit range.
Also sees FY2013 revenue of $2.51 billion, versus the consensus of $2.51 billion.
For earnings history and earnings-related data on ANN, Inc. (ANN) click here.
Total Company comparable sales for the quarter increased 3.7%, on top of an increase of 5.5% in the third quarter of 2012. At Ann Taylor, total brand comparable sales increased 0.6%, reflecting an increase of 4.4% at Ann Taylor, which includes sales results at both Ann Taylor stores and anntaylor.com, and a decline of 6.9% in the Ann Taylor Factory channel. At LOFT, total brand comparable sales were up 5.6%, reflecting an increase of 6.3% at LOFT, which includes sales results at both LOFT stores and LOFT.com, and an increase of 1.8% in the LOFT Outlet channel.
Sees Q4 2013 revenue of $640 million, versus the consensus of $646.23 million. Comps up in mid-single-digit range.
Also sees FY2013 revenue of $2.51 billion, versus the consensus of $2.51 billion.
For earnings history and earnings-related data on ANN, Inc. (ANN) click here.
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