Deb Shops (DEBS) Sept Comps Up 6.8%, Boosts Guidance
Tweet
Share
E-mailGet Alerts DEBS Hot Sheet
Join SI Premium – FREE
Deb Shops, Inc. (Nasdaq: DEBS) said comparable store sales increased 6.8% for the month ended September 30, 2006. Total sales increased 10.4% to $28.3 million from $25.6 million for the month ended September 30, 2005.
Based on current information, Deb Shops expects fiscal 2007 sales to be in the range of $325 million to $330 million, versus prior guidance of $320 to $325 million. This is based on a projected low- to mid-single-digit comparable store sales decrease for the remainder of the fiscal year, offset by net new store growth. Accordingly, fiscal 2007 earnings per share are expected to range from $1.40 to $1.50, versus prior guidance of $1.30 to $1.40.
Based on current information, Deb Shops expects fiscal 2007 sales to be in the range of $325 million to $330 million, versus prior guidance of $320 to $325 million. This is based on a projected low- to mid-single-digit comparable store sales decrease for the remainder of the fiscal year, offset by net new store growth. Accordingly, fiscal 2007 earnings per share are expected to range from $1.40 to $1.50, versus prior guidance of $1.30 to $1.40.
You May Also Be Interested In
- This name offers one of the strongest profiles in copper, gold, and lithium mining
- After-Hours Movers: CSCO, COHR, HLIT, CBRS, STUB, ENS
- Selloff in this UK stock is a buying opportunity: Barclays
Create E-mail Alert Related Categories
Guidance, Hot List, Retail SalesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
