The Talbots Earnings Call, Third Quarter 2008
27th November 2008 00:00 AM |
|
| Firm renegotiates credit facilities with its bankers to stabilise liquidity while disposing some of its brands. |
|
| The retailer reported net loss of $14.8 million or 28 cents per share, down 64% from a loss of $9 million or 2 cents a share in 2007 as sales dropped 19% to $357 million as retail store sales were down 12% due to a steep decline in consumer traffic and spending |
|
|
Full Story... |
Talbots Earnings Call, Second Quarter 2008
30th August 2008 00:00 AM |
|
| While a year-over-year shortfall in retail sales impacted the quarter, results were offset by the Talbots brand merchandise gross margin expansion. |
|
| The Company generated weaker net sales of $528 million in the second quarter compared with net sales of $572 million in the second quarter fiscal 2007. On a GAAP basis, net loss for the quarter was $25 million versus a net loss of $13.3 million in the same period last year. The total comparable store sales retreated 12% for the quarter. by brand, comparable tore sales for Talbots and J. Jill decreased 11.7% and 13.2% respectively. |
|
|
Full Story... |
Talbots Third Quarter Earnings Call
29th November 2007 00:00 AM |
|
| The company reported a loss of $9.4 million, or 18 cents per share, compared to a profit of $8.1 million, or 15 cents per share a year ago. |
|
| The latest quarter numbers included acquisition-tied and financing costs of 8 cents per share and 6 cents per share in costs stemming from executive compensations and consulting fees. Revenue declined 2% to $556 million from $568.6 million last year, while sales slid 4% at Talbots chain, but rose 5% at the company’s smaller J. Jill business. Total same-store sales dropped 7.9% for the quarter, with October sales improving from the sales in August and September, but dropping at both chains. |
|
|
Full Story... |
Talbots Second Quarter Earnings Call
31st August 2007 00:00 AM |
|
| Loss widened to $13.3 million, hurt by weak sales and costs related to acquisition of the J. Jill chain. |
|
| Tabots reported revenue of $572.3 million compared with $571.4 million last year, exceeding analysts’ expectations of $574 million. Same-store sales fell 4.8%, including a 4.9% drop at Talbots and a 4.3% decline at J.Jill. There was weak customer response for spring and summer merchandise at both of its brands and shoppers spent less per transaction. The company forecast full-year profit of 27 cents to 33 cents a share as it plans a new marketing campaign to spur demand. |
|
|
Full Story... |
The Talbots First Quarter Earnings Call
31st May 2007 00:00 AM |
|
| Including acquisition related costs and adjustments of 13 cents per share, net income was $5.2 million or 10 cents per share in the first quarter. |
|
| The specialty retailer of apparel, footwear and accessories reported revenue of $573.6 million, up 26.6% from $453 million in the prior year quarter. The same store sales declined by 3.5%, with 3.9% decrease in the same store sales of Talbots brand. During the first quarter, the company opened 18 new stores including eight Talbots brand stores and 10 J. Jill stores. The firm anticipates that its fiscal 2007 earnings per share will be in the range of 70 cents to 80 cents. |
|
|
Full Story... |
|
|
