Home / Knowledge / News / Apparel/Garments / ANN FY13 EPS rises marginally
ANN FY13 EPS rises marginally
14
Mar '14
ANN INC. reported results for the fiscal fourth quarter and full year of 2013, ended February 1, 2014. The Company also provided its outlook for the first quarter and full year of fiscal 2014. For the fiscal fourth quarter of 2013, the Company reported earnings per diluted share of $0.10, compared with earnings per diluted share of $0.05 in the fourth quarter of 2012.  
 
For the full year of fiscal 2013, the Company reported record earnings per diluted share of $2.19, compared with earnings per diluted share of $2.10 in the full year of fiscal 2012.
 
Kay Krill, President and Chief Executive Officer, commented, "Fiscal 2013 was another successful year for ANN INC., driven by the strength of both of our brands as well as the benefits of our strategic growth initiatives. We delivered record earnings per share for the second consecutive year. And, for the fourth consecutive year, comparable sales were positive at both Ann Taylor and LOFT.  
 
"For the fourth quarter, net sales, comparable sales and gross margin rate all showed improvement from the fourth quarter of 2012.  However, as previously reported, soft traffic and tepid consumer spending across the industry negatively impacted us, particularly in factory outlet centers and in those regions that were negatively affected by extreme winter weather.
 
Click here to view full results.
 

ANN INC


Must ReadView All

US & EU retailers release industry approach to GDPR

Apparel/Garments | On 24th May 2018

US & EU retailers release industry approach to GDPR

The Washington, D.C.-based National Retail Federation and...

Global cotton consumption to reach record in 2018-19: USDA

Textiles | On 24th May 2018

Global cotton consumption to reach record in 2018-19: USDA

Reflecting continued growth in the global economy, world cotton mill...

Courtesy: Nanollose

Textiles | On 24th May 2018

Nanollose develops fabric from coconuts

Australian technology company Nanollose has developed a sustainable...

Interviews View All

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Urmil Arya

Sushila International, a well established textile organisation established ...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search