Wednesday, May 23, 2007

Talbots profit tops Street view

(Reuters) - Analysts on average had been expecting 9 cents per share, according to Reuters Estimates, after the retailer slashed its profit forecast to a range of 7 cents to 11 cents per share, citing adverse weather in April, the impact of an earlier Easter this year and a weak response to the casual merchandise at its namesake chain.




Excluding costs associated with its acquisition last year of retailer J. Jill, the company earned 23 cents per share.


Read more at Reuters.com Business News

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