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AnnTaylor (ANN) Tops Q1 Views; Guides Q2, FY10

May 21, 2010 7:47 AM EDT
AnnTaylor (NYSE: ANN) reports Q1 adj-EPS of $0.38, 3 cents better than the analyst estimate of $0.35. Revenue for the quarter was $476.2 million, which compares to the estimate of $474.95 million.

Comps rose 14.1%.

Sees Q2 sales approaching $500 million.

Sees FY10 sales of $1.95-$1.975 billion, versus the consensus of $$1.96 billion.

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