“Our first quarter 2006 outlook for earnings per share excluding the estimated stock option expense is in the range of $0.52 to $0.56, versus last year's reported $0.63.
"We believe the actions we are taking to improve our business, including the impact of the new merchandising initiatives that we established late last year, will begin to more substantially benefit our performance in the second quarter and beyond," concluded Zetcher.
Talbots is a leading national specialty retailer and cataloger of women's, children's and men's classic apparel, shoes and accessories.