rue21 Inc. (RUE) reported third quarter adjusted EPS of $0.41 after the bell Wednesday, up from $0.35 in the prior year period. Net sales increased 15.6% to $225.2 million. The consensus estimates were for EPS of $0.39 and revenues of $228.85 million. The company expects to report fourth quarter EPS of $0.60 to $0.63 and full year adjusted EPS of $1.83 to $1.86. The consensus estimates are for EPS of $0.63 and $1.85. The stock is now down 0.96 on 36K shares.
rue21 rose above Wednesday's range during the final hour of trade and closed up by 0.74 at $29.26 on above average volume. The stock closed challenging the upper end of a 3-week range.
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