For the first quarter of fiscal 2006, the Company expects to achieve a low single digit comparable store sales increase. In addition, the Company expects earnings from continuing operations for the first fiscal quarter of 2006 to be in the range of $0.21 to $0.23 per diluted share before the impact of stock based compensation.
For the full fiscal year 2006, the Company now anticipates that its earnings per diluted share from continuing operations will be in the range of $1.09 to $1.13 before the impact of stock based compensation. The Company previously announced that it will adopt FAS Statement 123R "Share-Based Payment" beginning in fiscal 2006.
Management Presentations
For more information about January sales, please listen to The Gymboree Corporation's monthly sales recording by calling the Company's Investor Relations Hotline at 415-278-7933. The recording will be available Thursday, February 2 at 7:55 a.m. ET through Wednesday, February 8 at 11:59 p.m. PT.
The Gymboree Corporation's specialty retail brands offer unique, high- quality products delivered with personalized customer service. As of January 28, 2006, the Company operated a total of 659 stores: 565 Gymboree retail stores (537 in the United States and 28 in Canada), 13 Gymboree Outlet retail stores, 64 Janie and Jack retail shops and 17 Janeville stores in the United States.
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