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Your go-to source for news, anytime, anywhere! Insightful industry information from the textile, apparel & fashion world with our news app
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Your go-to source for news, anytime, anywhere! Insightful industry information from the textile, apparel & fashion world with our news app
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News Flash
Mr. Brian Woolf disappointed with Dec sales results
11 Jan '08
3 min read
During the quarter, the Company opened one new store and closed one store. The Company closed an additional store in early January and currently operates 296 locations.
Outlook:
Based on the Company's December sales results, it is revising its fourth quarter and fiscal 2007 guidance. The Company currently expects fourth quarter diluted earnings per share in a range of $0.30 to $0.32, as compared to its previous expectations for diluted earnings per share in the range of $0.47 to $0.49 and actual fourth quarter fiscal 2007 diluted earnings per share of $0.28.
For the full fiscal 2007 year, the Company currently estimates diluted earnings per share in the range of $0.40 to $0.42, as compared to its previous guidance range of $0.57 to $0.59 and actual fiscal 2006 diluted earnings per share of $0.51. The Company expects to report full results for the fourth quarter and fiscal 2007 year on February 6, 2008.
Outlook:
Based on the Company's December sales results, it is revising its fourth quarter and fiscal 2007 guidance. The Company currently expects fourth quarter diluted earnings per share in a range of $0.30 to $0.32, as compared to its previous expectations for diluted earnings per share in the range of $0.47 to $0.49 and actual fourth quarter fiscal 2007 diluted earnings per share of $0.28.
For the full fiscal 2007 year, the Company currently estimates diluted earnings per share in the range of $0.40 to $0.42, as compared to its previous guidance range of $0.57 to $0.59 and actual fiscal 2006 diluted earnings per share of $0.51. The Company expects to report full results for the fourth quarter and fiscal 2007 year on February 6, 2008.
Cache Inc
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