5 Retail Stocks Getting Left on the Shelf

Don't expect fireworks from these companies in the coming months

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5 Retail Stocks Getting Left on the Shelf

Ann Inc.

Apparel retailer Ann Inc. (ANN) — owner of the Ann Taylor brand — became the latest retailer to indicate that the holiday season will be far from jolly. Sales in the current quarter are expected to be $640 million, below the $646 million consensus forecast.

anninc 5 Retail Stocks Getting Left on the ShelfAnn expects yearly sales at $2.51 billion versus an August forecast of $2.515 billion. Like other CEOs, Ann’s Kay Krill blamed the “challenging and highly promotional retail environment.”  Not surprisingly, shares fell today.

ANN, though, has plenty of company.


Article printed from InvestorPlace Media, http://investorplace.com/2013/11/five-retail-stocks-discount-rack/.

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