Apparel retailer Deb Shops raises earning guidance
12 Jan '06
1 min read
Leading teen apparel retailer, Deb Shops Inc issued updated Fiscal 2006 earnings guidance.
Based on management's current outlook, Deb Shops raised fiscal 2006 diluted earnings per share guidance to a range of $1.68 to $1.73, compared to its previous outlook of $1.65 to $1.70.
This range is based on projected mid-single digit comparable store sales increases and on operating an average of 329 stores for the Company's fiscal fourth quarter, which ends on January 31, 2006.
Deb Shops Inc is a national specialty retailer of fashionable apparel, shoes and accessories for juniors in both regular and plus sizes.
The Company operates 328 specialty apparel stores in 41 states under the DEB and Tops 'N Bottoms names.
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