GYMB Dec Comps Up 16%; Guides Up

Gymboree Corporation (Nasdaq: GYMB) comparable store sales for the five-week period increased 16% compared to a 1% increase in comparable store sales for the same period last year. The Company now anticipates earnings from continuing operations for the fourth fiscal quarter to be in the range of $0.50 to $0.52 per diluted share (cons is $0.42). For the full fiscal year 2005, the Company anticipates its earnings from continuing operations to be in the range of $0.90 to $0.92 per diluted share (cons is $0.84).

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