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Talbots sees loss in second half on weak sales

Wed Oct 24, 2007 7:52am EDT
 
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Oct 24 (Reuters) - Women's apparel retailer Talbots Inc (TLB.N: Quote, Profile, Research, Stock Buzz) on Wednesday forecast a loss for the third and fourth quarter, hurt by weaker-than-expected sales, primarily for the Talbots brand.

For the third quarter, the company expects a loss of 20 cents to 25 cents a share, including 7 cents a share of one-time expense related to executive compensation and professional consulting fees.

It forecast a fourth-quarter loss of 5 cents to 10 cents a shares, including 9 cents a share of similar one-time expense. (Reporting by Dilipp S. Nag in Bangalore)

 

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