{"id":2179,"date":"2010-11-22T12:01:00","date_gmt":"2010-11-22T12:01:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/anntaylor-stores-announces-higher-net-income\/2178\/"},"modified":"2010-11-22T12:01:00","modified_gmt":"2010-11-22T12:01:00","slug":"anntaylor-stores-announces-higher-net-income","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/anntaylor-stores-announces-higher-net-income\/2179\/","title":{"rendered":"AnnTaylor Stores Announces Higher Net Income"},"content":{"rendered":"

AnnTaylor Stores Corp<\/strong>. (NYSE<\/a>:ANN<\/strong><\/a>) has reported increase in its revenue from its LOFT and Ann Taylor brands. The company also surpassed consensus estimates. AnnTaylor Stores Corp. earned $24.2 million in net income for the quarter. On per share basis, its income stood at 41 cents per share. The company had earned 3 cents per share or $2.1 million a year earlier.<\/p>\n

* AnnTaylor Stores Corp. earned $505.3 million in revenue.
\n* The company had earned $462.4 million in revenue during the corresponding quarter of the last year.<\/p>\n

The company increased its revenue 9.3 percent. Analysts had expected the company to report its revenue at $492.8 million. The earnings expectations were pegged at 34 cents per share. Kay Krill, President and CEO of the company, said, \u201cWhile we anticipate a promotional environment in the upcoming months, we feel good about our overall business as we enter the fourth quarter and believe we are well-positioned in terms of our product, inventories, marketing initiatives and our planned promotional strategies for the Holiday season.”<\/p>\n

The company expects to earn $500 million in the fourth quarter of the year. Analysts expects the revenue to be at $495 million.<\/p>\n

<\/span><\/p>\n

Key Financial Stats<\/p>\n

Valuation<\/p>\n

* Price\/Earnings(TTM)35.80
\n* Price\/Cash Flow10.60
\n* Price\/Sales (TTM)0.80
\n* Price\/Book3.23<\/p>\n

Financial Strength<\/p>\n

* Quick Ratio (MRQ)1.20
\n* Current Ratio (MRQ)2.10
\n* LT Debt to Equity (MRQ)0.00
\n* Total Debt to Capital (MRQ)0.00
\n* Return on Equity9.20<\/p>\n

Assets<\/p>\n

* Asset Turnover2.00
\n* Asset per Employee.1M
\n* Inventory Turnover4.20<\/p>\n

Per Share Data<\/p>\n

* Earnings (TTM)0.72
\n* Current P\/E Ratio2.10
\n* Cash Flow2.43
\n* Annual Dividend0.00
\n* Book Value7.99
\n* EBITDA3.90<\/p>\n

Profitability<\/p>\n

* Market Cap0.72
\n* Gross Margin (TTM)61.30
\n* Operating Margin (TTM)3.90
\n* Profit Margin (TTM) 2.30<\/p>\n

Management Effectiveness<\/p>\n

* Return on Equity (TTM)9.20%
\n* Return on Assets (TTM)4.60%
\n* Return on Investment (TTM)9.20%<\/p>\n

Related posts:<\/p>\n

    \n
  1. ANN, FONR, KIRK, HNZ, HIBB, DELL are Stocks to Watch on Nov-19 Afternoon<\/a><\/li>\n
  2. DELL, LPLA, CRM, HIBB, EXEL, ANN are Stocks to Watch on Nov-19 Morning<\/a><\/li>\n<\/ol>\n
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