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New York & Company Inc gives Q3 2014 guidance; EBIT guidance below analysts' estimates; gives Q3 2014 comparable store sales guidance

Thursday, 21 Aug 2014 04:02pm EDT 

New York & Company Inc:Expects Q3 2014 net sales to be up slightly versus last year.Expects Q3 2014 comparable store sales to be up slightly following 3.0pct comparable store sales increase in the prior year period.Expects Q3 2014 operating loss to increase from last year's operating loss of $3.1 million due to about $1 million of non-recurring duplicative rent expense and about $0.7 million severance charges.Reported revenue of $217.6 million in Q3 2013.Q3 2014 revenue of $221 million and EBIT of (0.94) million - Thomson Reuters I/B/E/S. 

Company Quote

-0.08 -3.43%
5 Feb 2016