Fashion Newspaper - Articles - Ann Taylor

ANN INC Reports 2011 Results

no@spam.com (Maxamillion Blick) — Fri, 09 Mar 2012 10:33:08 MST

ANN INC. today reported results for the fiscal fourth quarter and full year of 2011, ended January 28, 2012. The Company also provided its outlook for the first quarter and full year of fiscal 2012.

For the fiscal fourth quarter of 2011, the Company reported earnings per diluted share of $0.10, excluding $0.06 per diluted share in after-tax charges associated with its previously announced management realignment, compared with earnings per diluted share of $0.19 in the fourth quarter of 2010, excluding after-tax restructuring charges of $0.05 per diluted share. On a GAAP basis, including the aforementioned charges, earnings per diluted share were $0.04 in the fourth quarter of 2011, compared with $0.14 in the fourth quarter of 2010.

KATE HUDSON A NEW FACE FOR ANN TAYLOR SPRING 2012

no@spam.com (Maxamillion Blick) — Wed, 18 Jan 2012 09:38:05 MST

Ann Taylor announces award-winning actress Kate Hudson as the new face of the brand for Spring 2012. The collaboration reflects Ann Taylor’s continued focus on celebrating modern women of substance, style and success across every generation.

ANNpower Vital Voices Initiative to Improve Status of Women and Girls

no@spam.com (Maxamillion Blick) — Wed, 12 Oct 2011 08:13:58 MDT

ANN INC. (NYSE: ANN) President and CEO, Kay Krill, joined Vital Voices President and CEO, Alyse Nelson, to officially launch a four-year investment in young women's leadership, the ANNpower Vital Voices Initiative. ANN INC. has committed $1.3 million to this initiative, which will connect and inspire a strong network of high school junior and senior students across the United States. Selected applicants will receive leadership training and grants to develop projects to advance women and girls in their communities and around the world.

Ann Taylor Reports Substantially Higher Sales Fourth Quarter 2010

no@spam.com (Maxamillion Blick) — Fri, 11 Mar 2011 10:25:40 MST

AnnTaylor Stores Corporation today reported results for the fiscal fourth quarter and full year of 2010, ended January 29, 2011, and provided an outlook for the first quarter and full year of fiscal 2011.

For the fiscal fourth quarter of 2010, the Company reported earnings per diluted share of $0.19, excluding after-tax restructuring charges of $0.05 per diluted share, compared with earnings per diluted share of $0.05 in the fourth quarter of 2009, excluding after-tax restructuring charges totaling $0.05 per diluted share. On a GAAP basis, including the aforementioned restructuring charges, earnings per diluted share were $0.14 in the fourth quarter of 2010, compared with breakeven earnings per diluted share in the fourth quarter of 2009.

Ann Taylor Stores Corporation Raises Over $2.8 Million for St. Jude Children's Research Hospital

no@spam.com (Maxamillion Blick) — Mon, 17 Jan 2011 08:08:45 MST

This holiday shopping season, Ann Taylor Stores Corporation joined St. Jude Children's Research Hospital for the 7th annual Thanks and Giving campaign by inspiring their customers to "give thanks for the healthy kids in your life, and give to those who are not." The Company announced today that it helped raise a company record of over $2.8 million for St. Jude, a 40 percent increase over last year's contribution.

Ann Taylor Stores Corporation Reports Significantly Higher Third Quarter 2010 Sales and Earnings

no@spam.com (Maxamillion Blick) — Fri, 19 Nov 2010 12:09:26 MST

Ann Taylor Stores Corporation today reported results for the fiscal third quarter ended October 30, 2010, and commented on its outlook for the fourth quarter and fiscal year 2010.

For the third quarter of 2010, the Company reported earnings per diluted share of $0.42, excluding after-tax restructuring charges totaling $0.01 per diluted share, compared with earnings per diluted share of $0.20 in the third quarter of 2009, excluding after-tax restructuring and asset impairment charges totaling $0.17 per diluted share. On a GAAP basis, including the aforementioned charges, earnings per diluted share were $0.41 in the third quarter of 2010, compared with $0.03 per diluted share in the third quarter of 2009.

Kay Krill, President and Chief Executive Officer, said, "We are extremely pleased with the Company's excellent performance for the third quarter of 2010, with earnings for the quarter more than doubling from the year-ago period. The significantly higher sales and near-record gross margin rate reflect another standout quarter at the Ann Taylor brand and improved results at the LOFT brand for the third quarter.

"The Ann Taylor brand delivered meaningful gains across all of its channels, resulting in a 22% comparable sales increase for the brand. We continue to see an enthusiastic client response to the compelling fashion, quality and value Ann Taylor offers and are capturing a greater share of her overall spend. The LOFT brand also showed progress during the quarter, with outstanding performance in the online and outlet channels and steady improvement in the stores channel, which, as expected, delivered stronger sales in September and October as we received new product.

"While we anticipate a promotional environment in the upcoming months, we feel good about our overall business as we enter the fourth quarter and believe we are well-positioned in terms of our product, inventories, marketing initiatives and our planned promotional strategies for the Holiday season," Ms. Krill said.