Monday, June 25, 2007

Charming Shoppes cuts profit forecast

(Reuters) - The owner of the Lane Bryant and Fashion Bug chains
forecast consolidated comparable-store sales in its retail
stores segment would be flat to down by a low-single-digit
percentage in the second quarter, and flat to up by a
low-single-digit percentage for the year.




Charming Shoppes said it expects full-year earnings of 80
cents to 82 cents a share, down from a previous forecast of 86
cents to 90 cents.


Read more at Reuters.com Business News

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