Ann updates Q3 and full year outlook

REPORT_ Ann Inc today updated its outlook for the fiscal third quarter and full year 2014, and provided its outlook for the fiscal fourth quarter of 2014. Based on preliminary results, the update to the third quarter 2014 outlook provided on August 22, 2014 reflects lower-than-anticipated sales and gross margin rate performance. Total company net sales for the fiscal third quarter of 2014 are now expected to be 647 million dollars, reflecting a comparable sales decline of 4.3 percent.