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SECURITY: TLB (Common)
EXCHANGE: New York Stock Exchange CURRENCY: US Dollar
Talbots is a leading national
specialty retailer and cataloger of women's, children's and men's classic
apparel, shoes and accessories. The Company currently operates 921 stores
- 476 Talbots Misses stores, including 20 Talbots Misses stores in Canada
and five Talbots Misses stores in the United Kingdom; 250 Talbots Petites
stores, including two Talbots Petites stores in Canada; 41 Talbots Accessories
& Shoes stores; 62 Talbots Kids stores; 65 Talbots Woman stores, including
one Talbots Woman store in Canada; three Talbots Mens stores and 24 Talbots
Outlet stores.
Talbots
Reports 2006 Fourth Quarter and Full Year Results, in Line with Revised
Expectations
Reconfirms
Earnings Per Share Outlook for First Quarter and Full Year 2007
HINGHAM,
Mass.--(BUSINESS WIRE)--March 7, 2007--The Talbots, Inc. (NYSE:TLB) today
announced results for the fourteen-week and fifty-three week periods ended
February 3, 2007, compared to the thirteen-week and fifty-two week periods
ended January 28, 2006.
Net
income for the fourth quarter was breakeven per diluted share on a reported
basis and includes acquisition related costs and adjustments of approximately
$0.15 per share and $0.04 per share of stock option expense. Excluding
these acquisition related costs and stock option expense, earnings per
diluted share were $0.19 for the combined company. This combined Company
result includes a fourth quarter loss for the J. Jill brand of $0.07 per
share, and a fourth quarter profit for the Talbots brand of $0.26 per share,
compared to $0.37 reported last year for the Talbots only brand.
Total
consolidated Company sales in the fourth quarter were $638 million. By
brand, retail store sales increased to $433 million for Talbots compared
to $414 million last year, and were $91 million for J. Jill. Consolidated
direct marketing sales were $114 million including catalog and Internet.
Total
Company comparable store sales declined 1.6% for the thirteen-week period
ended January 27, 2007 compared to the thirteen-week period ended January
28, 2006. By brand, comparable store sales for Talbots decreased 2.1%.
For the J. Jill brand, comparable store sales increased 1.5% in the period.
Talbots
Announces Cash Dividend
HINGHAM,
Mass.--(BUSINESS WIRE)--March 2, 2007--The Talbots, Inc. (NYSE:TLB) today
announced that its Board of Directors has approved a quarterly cash dividend
of $0.13 per share payable on or before March 26, 2007 to shareholders
of record as of March 12, 2007.
Talbots
Announces Fourth Quarter 2006 Sales Results
Reconfirms
Earnings Per Share Outlook for Fourth Quarter 2006 and First Quarter 2007
Expects
2007 Earnings Per Share Growth to Nearly Double Year-Over-Year, Which Would
Generate the Highest Level of Operating Cash Flow in Company's History
HINGHAM,
Mass.--(BUSINESS WIRE)--Feb. 8, 2007--The Talbots, Inc. (NYSE: TLB) today
announced total Company sales for the fourteen weeks ended February 3,
2007 of $638.0 million, versus last year's reported sales of $486.2 million
for the thirteen weeks ended January 28, 2006. By brand, retail sales were
$432.4 million for Talbots compared to $414.1 million last year, and $91.4
million for J. Jill, which was acquired effective May 3, 2006. Sales for
the J. Jill brand represent approximately 20% of the total combined company
sales volume.
Total
Company comparable store sales declined 1.6% for the thirteen-week period
ended January 27, 2007 compared to the thirteen-week period ended January
28, 2006. By brand, comparable store sales for Talbots decreased 2.1%.
For the J. Jill brand, comparable store sales increased 1.5% in the period.
Consolidated
direct marketing sales for the fourteen-week period were $114.2 million,
including catalog and Internet, compared to $72.1 million for the thirteen
weeks ended January 28, 2006, for the Talbots brand only.
Talbots
Reports Third Quarter Earnings Per Share of $0.15, at High End of Company
Expectations
Talbots
Brand Sales Healthy
J.
Jill Turnaround Underway
HINGHAM,
Mass.--(BUSINESS WIRE)--Nov. 15, 2006--The Talbots, Inc. (NYSE:TLB) today
announced results for the third quarter ended October 28, 2006. Net income
in the third quarter was $8.1 million or $0.15 per share on a reported
basis and includes acquisition related costs and adjustments of approximately
$0.16 per share and $0.04 per share of stock option expense. Excluding
these acquisition related costs and stock option expense, earnings per
diluted share were $0.35 for the combined company, compared to the $0.37
reported last year for the Talbots only brand.
Total
consolidated Company sales for the quarter were $569 million. By brand,
retail store sales increased to $383 million for Talbots compared to $363
million last year, and were $77 million for J. Jill. Consolidated direct
marketing sales for the thirteen-week period were $109 million, including
catalog and Internet.
Sales
for the J. Jill brand represent approximately 20% of the total combined
company sales volume.
Total
Company comparable store sales rose 2.3% for the third quarter. By brand,
comparable store sales for Talbots increased 4.0% and were negative 6.6%
for the J. Jill brand |