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Ann Inc. Q4 Profit Up 8.7%, But Sales Miss Estimate

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Ann Inc. Q4 Profit Up 8.7%, But Sales Miss Estimate

New York—Ann Inc. ended its fiscal 2012 year with a strong fourth quarter showing today. The women’s specialty retailer reported an 8.7% jump in profits and gave a 2013 sales growth outlook that beat analysts’ estimates. For the quarter ended Feb. 2, the parent to Ann Taylor and LOFT posted net income of $2.37 million, [...]

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