Content about Ann Inc.

February 7, 2014

Ann Inc., parent company of Ann Taylor and The Loft, expects net sales and same-store sales to increase for the fourth quarter and full year fiscal 2013, on a year-over-year basis.

Ann Inc., parent company of Ann Taylor and The Loft, expects net sales and same-store sales to increase for the fourth quarter and full year fiscal 2013, on a year-over-year basis.

For the full year, Ann Inc. issued guidance for total net sales of $2.49 billion, reflecting a total net sales increase of 5% and a same-store sales increase of 2%.

November 22, 2013

Higher sales, including mid-single digit comparable -sales growth, helped drive Ann Inc.’s third quarter results.

Higher sales, including mid-single digit comparable -sales growth, helped drive Ann Inc.’s third quarter results.  

The company posted third-quarter earnings of $41.2 million, compared to $40.7 million in the year-earlier quarter. Net sales grew 7% to $657.3 million from $612.5 million. Total same-store sales increased 3.7%. By brand, same-store sales inched up 0.6% at Ann Taylor and 5.6% at Loft. However, sales fell 6.9% in the Ann Taylor Factory channel.

June 6, 2013

Ann Inc. reported total net sales for the quarter of $575 million, a 2.5% increase from $560 million in the first quarter ended May 4.

NEW YORK — Ann Inc. reported total net sales for the quarter of $575 million, a 2.5% increase from $560 million in the first quarter ended May 4.

By brand, net sales across all channels of the Ann Taylor brand totaled $219 million for the quarter, a nearly 4% increase from $212 million in the first quarter of 2012. At the Loft brand, net sales across all channels were $355 million for the quarter, a 2% increase $348 million in the first quarter of 2012.

March 8, 2013

Ann Inc. reported fourth quarter earnings per diluted share of 5 cents, compared with earnings per diluted share of 4 cents in the fourth quarter of 2011.

NEW YORK — Ann Inc. reported fourth quarter earnings per diluted share of 5 cents, compared with earnings per diluted share of 4 cents in the fourth quarter of 2011.

For the full year of fiscal 2012, the company reported record earnings per diluted share of $2.10 , an increase of 28% compared with earnings per diluted share of $1.64 in the full year of fiscal 2011.

September 12, 2012

Retailers plan to hire an increased number of temporary workers this holiday season, according to a survey by the global consulting firm Hay Group.

Retailers plan to hire an increased number of temporary workers this holiday season, according to a survey by the global consulting firm Hay Group.

"Retailers are betting that 2012 is going to be a great holiday season," said Craig Rowley, vp and global practice leader for Hay Group’s retail practice. "After four years of economic turbulence, they have figured out how to operate in an uncertain business environment and are calm and cool, knowing that they are ready, as they head into the holidays."

May 29, 2012

Ann Inc. announced that it will open two stores in Toronto, in fall 2012, marking the apparel retailer’s first foray outside the United States

NEW YORK — Ann Inc. announced that it will open two stores in Toronto, in fall 2012, marking the apparel retailer’s first foray outside the United States.

“Toronto is the perfect location to open our first international stores. It is a beautiful city filled with modern, sophisticated women who lead busy lives, and we are excited to bring a trusted fashion destination that offers great style as well as incredible versatility,” said head designer Lisa Axelson.

April 20, 2012

Ann Inc., the parent company of Ann Taylor and Loft, has launched AnnCares360, a program in partnership with Good360, the nonprofit leader in product philanthropy.

NEW YORK — Ann Inc., the parent company of Ann Taylor and Loft, has launched AnnCares360, a program in partnership with Good360, the nonprofit leader in product philanthropy. The program will facilitate the donation of available displays, marketing items, and fixtures to local charities that support women and children.

Through the program, all Ann Inc. stores can enter valued, reusable goods into a tracking system that will link to Good360's online product donation marketplace and its network of more than 26,000 charities.

March 9, 2012

Ann Inc.'s net income for its fiscal fourth quarter dropped to $2.2 million from $8 million in the year-ago period, hurt by heavy promotions at namesake stores.

NEW YORK — Ann Inc.'s net income for its fiscal fourth quarter dropped to $2.2 million from $8 million in the year-ago period, hurt by heavy promotions at namesake stores.

Sales increased to $566.7 million, from $515.3 million, and same-store sales for fourth quarter rose 5.3%.

By brand, same-store sales plummeted 10.9% at namesake stores, but rose 8.1% at Loft stores. Strength in the online channel boosted overall same-store results.

November 18, 2011

Ann Inc., formerly known as Ann Taylor, reported a 33.4% rise in quarterly net income to $32.3 million, beating analysts’ estimates.

NEW YORK — Ann Inc., formerly known as Ann Taylor, reported a 33.4% rise in quarterly net income to $32.3 million, beating analysts’ estimates.

The company’s performance was boosted by strong demand for its Loft brand, where same-store sales rose 7.9%. Same-store sales rose 2.5% at Ann Taylor. Comp-sales were up 45.8% in the Ann Taylor ecommerce channel and 1.8% in the Ann Taylor Factory channel. Total same-store sales were up 5.5%.

August 22, 2011

Ann Inc., formerly known as Ann Taylor Stores Corp., reported that its second -quarter earnings rose 33% $24.8 million, helped by strong online sales and a jump in revenue at the company's Loft stores.

NEW YORK — Ann Inc., formerly known as Ann Taylor Stores Corp., reported that its second -quarter earnings rose 33% $24.8 million, helped by strong online sales and a jump in revenue at the company's Loft stores. The company raised its full-year sales guidance, saying it is confident despite the challenging consumer environment.

It was the company’s eighth consecutive quarter of double-digit earnings growth

May 23, 2011

Ann Inc., the parent company of Ann Taylor and Ann Taylor Loft stores, reported that for the fiscal first quarter of 2011, earnings per diluted share were 51 cents, compared with earnings per diluted share of 38 cents in the first quarter of 2010.

NEW YORK  — Ann Inc., the parent company of Ann Taylor and Ann Taylor Loft stores, reported that for the fiscal first quarter of 2011, earnings per diluted share were 51 cents, compared with earnings per diluted share of 38 cents in the first quarter of 2010.

March 11, 2011

Ann Taylor Stores Corp. On Friday posted a bigger-than-expected quarterly profit on improved sales. The company, which said it will change its corporate name to Ann Inc. to better reflect its multichannel focus, also forecast strong first-quarter sales.

NEW YORK — Ann Taylor Stores Corp. On Friday posted a bigger-than-expected quarterly profit on improved sales. The company, which said it will change its corporate name to Ann Inc. to better reflect its multichannel focus, also forecast strong first-quarter sales.