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.
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.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
