Key Developments For Cache Inc
Cache Inc (CACH.O) (Nasdaq)
Cache, Inc. Issues Q4 2009 Revenue Guidance; EPS Guidance Above Analysts' Estimates; Comments On Q4 2009 Comparable Stores Sales Guidance
Cache, Inc. announced that for the fourth quarter of 2009, it expects net sales in the range of $62 to $64 million, comparable stores sales will decrease in the low double-digit range and diluted earnings per share (EPS) of $0.12 to $0.15. According to Reuters Estimates, analysts were expecting the Company to report EPS of $0.08 on revenue of $61 million for the fourth quarter of 2009.
Cache, Inc. Issues Q3 2009 Guidance Below Analysts' Estimates; Comments On Q3 2009 Comparable Stores Sales Guidance
Cache, Inc. announced that for the third quarter of 2009, it estimates net sales in the range of $48-$50 million. This guidance assumes comparable stores sales in the third quarter of 2009 to decrease in the mid-to-high teen percentage range and compares to a comparable store sales decrease of 4% in the third quarter of fiscal 2008. GAAP loss per share for the third quarter of 2009 is estimated in the range of $(0.22)-$(0.17). According to Reuters Estimates, analysts were expecting the Company to report revenue of $51 million and GAAP EPS of $(0.08) for the third quarter of 2009.
Cache, Inc. Reaffirms Q2 2009 Guidance
Cache, Inc. announced that for second quarter 2009 it continues to expect net sales in the range of $57.0 million to $59.0 million and earnings per share in the range of $0.04 to $0.07. According to Reuters Estimates, analysts are expecting the Company to report EPS of $0.04 for second quarter 2009.
Cache, Inc. Issues Q2 2009 Mixed Outlook; Comments On Q2 2009 Comparable Store Sales Outlook
Cache, Inc. announced that for the second quarter of 2009, it expects earnings in the range of $0.04 to $0.07 per diluted share (EPS). The Company currently expects net sales for the second quarter of 2009 in the range of $57.0 million to $59.0 million. This guidance assumes a similar comparable store sales trend as reported in the first quarter. to Reuters Estimates, analysts were expecting the Company to report EPS of $(0.15) for the same period. EPS of $0.03 on revenue of $62 million for the same period.
Cache, Inc. Narrows FY 2009 Net Profit Guidance Below Analysts' Estimates
Cache, Inc. announced that it has narrowed its first quarter of 2009 guidance and expects net loss per share of $0.12 to $0.13 from previous guidance range of $0.12 to $0.16. According to Reuters Estimates, analysts were expecting the Company to report EPS of $(0.15) for the same period.
