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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (10350)	8/3/2006 9:22:03 AM
From: Smiling Bob	Read Replies (1) \| Respond to of 19257

ANN - comps will soon be showing declines. Stock should lead the way 37.44 x 39.14 pm AnnTaylor Stores July Sales Rise Thursday August 3, 8:11 am ET AnnTaylor Stores July Same-Store Sales Rise 5.1 Percent, but Miss Wall Street's Forecast NEW YORK (AP) -- Women's clothing retailer AnnTaylor Stores Corp. said Thursday that July same-store sales climbed 5.1 percent but missed Wall Street estimates by a wide margin. Same-store sales, a closely watched indicator of retail strength, measure sales at stores open at least a year. Analysts polled by Thomson Financial expected sales to surge 9.1 percent, according to Thomson Financial. Total sales in the four weeks ended July 29 jumped 12.6 percent to $156.7 million from $139.1 million in the year-ago period. AnnTaylor's flagship Ann Taylor brand of stores reported a 1.4 percent gain in same-store sales, while total sales were flat at $58.7 million. The company's discount Loft stores had 8.3 percent higher same-store sales and 21 percent higher total sales of $80.2 million. AnnTaylor plans to report second-quarter earnings Aug. 18.