Talbots (TLB) Comps Down 7% for Quarter; Cuts Q4, FY11 Outlooks

January 11, 2011 7:34 AM EST
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Price: $2.76 --0%

Financial Fact:
Interest expense: 4.64M

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Talbots (NYSE: TLB) reports quarter-to-date same-store sales fell 7%.

Sees Q4 adj-loss of 15-19c, up from the prior estimate of a loss of 5c to a gain of 3c, and compared to the Street estimate of a 2c loss.

Sees FY11 adj-EPS of 56-60c, down from the prior estimate of 70-78c and vs. the consensus of 73c.


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