Cache (CACH) June Comps Up 4%; Raises Proforma EPS Guidance

Cache Inc., (NASDAQ: CACH) June Comps rise 4%; Based on better-than-expected performance for our Cache chain during the quarter, the company increased estimates and now expect second quarter pro forma results, excluding restructuring charges and Lillie Rubin losses to be in the range of $0.34 to $0.37 per diluted share, as compared to $0.31 to 0.33 per diluted share, previously.

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