Gordmans Stores, Inc. (GMAN) halted, coming cutting forecast.

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Gordmans Stores (GMAN) Warns for Q4

January 14, 2013 4:32 PM EST

Gordmans Stores, Inc. (NASDAQ: GMAN) lowers its fourth quarter guidance.

The Company announced that fourth quarter comparable sales through January 12, 2013 declined 4.6%. Based on this performance, the Company now expects net revenue for the fourth quarter of fiscal 2012, a fourteen week quarter compared to the thirteen week fourth quarter of fiscal 2011, to be approximately $203 million, compared with $185 million in the prior year period and previous guidance of $213 to $215 million. In addition,... More