The Talbots (TLB) Q1 Comps Down 9.8%, Re-Confirms Outlook
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The Talbots, Inc. (NYSE: TLB) said Q1 comparable store sales declined 9.8%. Total sales for the thirteen weeks ended May 3, 2008 of $542 million, versus last year’s reported sales of $574 million.
The Talbots re-confirms its previously announced outlook for fiscal 2008 earnings from continuing operations, excluding Talbots Kids, Mens and U.K. operating results and close down costs, to be in the range of $0.47 to $0.52 per diluted share.
The Talbots re-confirms its previously announced outlook for fiscal 2008 earnings from continuing operations, excluding Talbots Kids, Mens and U.K. operating results and close down costs, to be in the range of $0.47 to $0.52 per diluted share.
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