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.

By Alexandra Steigrad

financial/news

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...

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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