Cache (CACH) March Comps Flat; Lowers Guidance
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Financial Fact:
Total other income, net: 1.02M
Today's EPS Names:
GLXY, CRVL, SGHC, More
Financial Fact:
Total other income, net: 1.02M
Today's EPS Names:
GLXY, CRVL, SGHC, More
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Cache Inc. (NASDAQ: CACH) said comparable store sales in March 2007 were flat, as compared to a 7% increase in comparable store sales in March 2006.
Based on reported first quarter 2007 sales, the Company is revising its sales and earnings guidance for the first quarter and fiscal 2007 year while introducing second quarter fiscal 2007 guidance.
For the first quarter of fiscal 2007 diluted earnings per share are currently estimated in the range of $0.00 to $0.01, as compared to the Company's previous first quarter fiscal 2007 earnings guidance range of $0.17 - $0.19 per diluted share.
The Company is introducing diluted earnings per share guidance for the second quarter of fiscal 2007 in the range of $0.20 to $0.24.
The Company currently expects fiscal 2007 diluted earnings per share to be in the range of $0.75 to $0.80, as compared to its previous earnings guidance range of $1.15 to $1.20 per diluted share.
Based on reported first quarter 2007 sales, the Company is revising its sales and earnings guidance for the first quarter and fiscal 2007 year while introducing second quarter fiscal 2007 guidance.
For the first quarter of fiscal 2007 diluted earnings per share are currently estimated in the range of $0.00 to $0.01, as compared to the Company's previous first quarter fiscal 2007 earnings guidance range of $0.17 - $0.19 per diluted share.
The Company is introducing diluted earnings per share guidance for the second quarter of fiscal 2007 in the range of $0.20 to $0.24.
The Company currently expects fiscal 2007 diluted earnings per share to be in the range of $0.75 to $0.80, as compared to its previous earnings guidance range of $1.15 to $1.20 per diluted share.
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