ANN, Inc. (ANN) Tops Q4 EPS by 15c; Guides Q1, FY15

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ANN INC. Reports Fourth Quarter and Full Year 2014 Results

March 13, 2015 7:45 AM EDT

  Company Provides Outlook for the Fiscal First Quarter and Full Year 2015  

 Supply Chain Initiative Expected to Generate $50M in Annualized Incremental Gross Margin by 2017  

 Launches New SG&A Optimization Program; Targeting Additional $35M in Annualized SG&A Savings by 2016  

NEW YORK, March 13, 2015 /PRNewswire/ -- ANN INC. (NYSE: ANN) today reported results for the fiscal fourth quarter and full year of 2014 ended January 31, 2015.  The Company also provided its outlook for the first quarter and full year of fiscal 2015.

For the fourth quarter of fiscal 2014, the Company reported earnings per... More