Rue21 Inc. (RUE) Wednesday reported first-quarter net income of $10.8 million or $0.44 per share, compared to $11.6 million or $0.46 per share in the comparable quarter last year.
On average, five analysts polled by Thomson Reuters expected the company to earn $0.46 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter grew 9 percent to $224.38 million from $205.62 million in the prior-year quarter, while five analysts had a consensus revenue estimate of $229.83 million for the quarter.
Looking ahead, the company expects second quarter earnings in the range of $0.51 to $0.53 per share. Analysts currently expect the company to earn $0.40 per share for the second quarter.
For fiscal 2013, the company lowered its earnings guidance to a range of $1.98 per share to $2.03 per share from its previous guidance of $2.00 to $2.05 per share. Analysts currently expect earnings of $2.02 per share for the year.
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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.