Ann Inc. (ANN: Quote) reported second quarter net income of $0.63 per share Friday morning, up from $0.47 per share in the prior year period. The consensus estimate was for EPS of $0.51.
Ann Inc. gapped open sharply higher Friday and climbed throughout the first half of the session, before settling into a range. Shares finished up by 5.75 at $33.89 on the highest volume in over 11 months. The stock surged to a new high for the year.
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by RTT Staff Writer
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