Ann Inc. fought off margin erosion from steep markdowns to post a 20.8 percent jump in first-quarter net income and expects strict cost controls and good e-commerce sales to deliver a strong second...
May 20, 2011
Ann Inc. Sees Stable Pricing as Costs Rise
Comparable-store sales increased 8 percent for the quarter, anchored by a 15.3 percent jump at Ann Taylor.
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