ANN INC. (ANN) reported fourth-quarter net income of $2.4 million, or $0.05 per share, compared to $2.2 million, or $0.04 per share last year. Total net sales were $607.7 million, compared to $566.7 million prior year.
Total company comparable sales decreased 0.7%. At Ann Taylor, total brand comparable sales increased 1.4%. At LOFT, total brand comparable sales decreased 2.1%.
On average, 13 analysts polled by Thomson Reuters expected the company to report profit per share of $0.01 for the quarter. Analysts' estimates typically exclude speical items. Analysts expected revenue of $617.82 million for the quarter.
The company currently expects fiscal 2013 total net sales to be $2.565 billion, reflecting a total company comparable sales increase in the mid-single digits. For the first-quarter, the company expects total net sales to be $600 million, reflecting a total company comparable sales increase in the low-single digits. Analysts expect the company to report first-quarter sales of $593.31 million, and fiscal 2013 sales of $2.51 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.