"Our LOFT division posted somewhat stronger March results than we had expected, driven by dresses, knit tops, casual separates and shoes, with fashion silhouettes in sweaters and pants still challenging. We expect to see gradual improvement in LOFT's product offering over the course of the next several months."
The Company indicated that it expects its April performance to be somewhat negatively impacted by the timing shift of Easter, which benefited the month of April last year versus the month of March this year.
AnnTaylor Stores Corporation
marketing@alchempro.com
