"Although we did not reach our sales goals for the quarter, our gross margin results were better than we had anticipated due to tighter inventory management practices versus our summer sales trend, which resulted in less aggressive pricing of our clearance merchandise during the second quarter."
"As a result, we still expect to report Q2 earnings within the lower end of our previously provided guidance range of $0.23 to $0.26 per diluted share. We will provide our updated full year sales and earnings outlooks when we announce our second quarter results in two weeks.”
The Company plans to report its second quarter results before the market opens on Thursday, August 23, 2007, and will hold a conference call and webcast the same day beginning at 8:30 a.m. Eastern Time.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
