Cache (CACH) March Comps up 5%; Cuts EPS Guidance
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Financial Fact:
Basic earnings (loss) per share (in dollars per share): -0.41
Today's EPS Names:
BMNM, KG, NHC, More
Financial Fact:
Basic earnings (loss) per share (in dollars per share): -0.41
Today's EPS Names:
BMNM, KG, NHC, More
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Cache Inc. (NASDAQ: CACH) announced comparable store sales increased 5% in March.
The Company currently estimates first quarter fiscal 2006 diluted earnings per share in the range of $0.10 to $0.11, inclusive of $0.01 per share for stock option expense, as compared to its previous guidance range for diluted earnings per share in the range of $0.12 to $0.14, inclusive of $0.01 per share for stock option expense. Actual net sales for the first quarter of fiscal 2006 were $63.7 million, in line with the Company's previous guidance range of $63.0 million to $64.0 million.
For fiscal 2006, the Company continues to estimate net sales in the range of $278 million to $284 million, as compared to actual fiscal 2005 net sales of $266.4 million. Fiscal 2006 diluted earnings per share are currently estimated in the range of $0.98 to $1.00, inclusive of $0.04 per share for stock option expense, as compared to the Company's previous guidance range of $1.00 to $1.02, inclusive of $0.04 per share for stock option expense.
The Company currently estimates first quarter fiscal 2006 diluted earnings per share in the range of $0.10 to $0.11, inclusive of $0.01 per share for stock option expense, as compared to its previous guidance range for diluted earnings per share in the range of $0.12 to $0.14, inclusive of $0.01 per share for stock option expense. Actual net sales for the first quarter of fiscal 2006 were $63.7 million, in line with the Company's previous guidance range of $63.0 million to $64.0 million.
For fiscal 2006, the Company continues to estimate net sales in the range of $278 million to $284 million, as compared to actual fiscal 2005 net sales of $266.4 million. Fiscal 2006 diluted earnings per share are currently estimated in the range of $0.98 to $1.00, inclusive of $0.04 per share for stock option expense, as compared to the Company's previous guidance range of $1.00 to $1.02, inclusive of $0.04 per share for stock option expense.
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