AnnTaylor Stores Corporation (ANN)

New York-based retailer Ann Taylor said Friday it posted net income of $2.07 million or $0.03 per share for the third quarter, compared to a net loss of $13.45 million or $0.24 per share in the prior-year quarter. Net sales for the quarter dropped to $462.41 million from $527.22 million last year. Comparable-store sales decreased 13.7%.
Net sale missed Street estimate of $473.85 million.

Nov 20 · 1:01:00 PM · Source: Company News Release
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by Larry Etter