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News Watch
AnnTaylor Swings to $2.1 million Profit by "tightly managing inventories" (ANN) - 11/20/2009 9:18:07 AM

11/20/2009-AnnTaylor Stores (NYSE:ANN) reported Q3 EPS of 20 cents, ex-items, topping consensus estimates of 7 cents.

Revenues in the quarter fell to $462.4 million, and came in short of consensus estimates of $473.9 million.

Sales at stores open at least a year slid 13.7%.

AnnTaylor said it expects Q4 sales to fall "slightly" short of its Q3 results while analysts, on average, were projecting sales of $458.2 million.


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