| Ann Taylor Stores
Earnings Call |
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Ann Taylor Stores Earnings Call, Second Quarter 2007
10th July 2008 00:00 AM |
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| Net sales rose 0.7% to $614.5 million due to the expansion of the store base, continued growth of the factory and internet businesses. |
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| The women''s specialty retailers reported operating income declining 25% to $51.0 million or 50 cents a share, from $68.1 million or 59 cents a share in 2006 as gross margins decreased 3.6 margin points to 50.6%. Comparable store sales decreased 6.2% with Ann Taylor stores down 3.1% and LOFT down 10.8%. Both divisions are heading into fall with brand appropriate product assortments and positioned to deliver a good second half. |
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Ann Taylor Stores First Quarter Earnings Call
26th May 2008 00:00 AM |
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| As the firm focuses on strengthening the core businesses and reducing cost structure, clients are expecting broader incentives to make purchases. |
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| The women’s specialty retailer reported income of $28 million or 47 cents a share, down 20% from $35 million or 46 cents a share in 2007 due to weaker margins as net sales marginally improved to $592 million. Despite the highly promotional nature of the sector this quarter, Ann Taylor Stores successfully managed the business to deliver a gross margin that was only 40 basis points below a year ago and inventories that were significantly below a year ago. |
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Ann Taylor Stores Fourth Quarter Earnings Call
18th March 2008 00:00 AM |
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| Impacted by the restructuring charges, the company incurred a net loss of $6.7 million as against a net income of $21.5 million in prior year. |
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| The specialty retailer of women’s apparel had revenue of $600.8 million, down 2% from $610.5 from prior year, on 12% drop in the revenue of Ann Taylor brand. The company is delaying the test of its new concept business, as it is difficult to analyze the test results in the current macro economic environment. During fiscal 2007, the firm opened 77 new stores and closed 17, bringing the total to 929 stores. For fiscal 2008, Ann Taylor projects EPS in the range of 35 cents to 40 cents. |
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Ann Taylor Stores Third Quarter Earnings Call
21st November 2007 00:00 AM |
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| Profit rose 4%, helped by sales at new stores as well as revenue from Factory stores and the Web. |
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| Women''s apparel retailer’s revenue rose 6% to $600.9 million from $566.3 million a year ago. Net sales at Ann Taylor-brand stores fell 4.4%, to $213.5 million, while Ann Taylor Loft sales rose 8.9% to $296.9 million. Same-store sales fell 0.4%, including a 4.4% drop at Ann Taylor stores and a 0.3% drop at Loft stores. The company blamed weak traffic and unseasonably warm weather. Ann Taylor expects profit of $2.05 to $2.15 per share versus previous guidance of $2.15 to $2.25 per share. |
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