Sat, May 18, 2013, 10:47 PM EDT - U.S. Markets closed
missed??..report is hard to read...any thoughts??.....
They did not miss but the outlook is short 0.01 for the year. I believe this sets up a buying opportunity. They are assimilating the Charming Shops acquisition very nicely.I will buy on any dips here.
Forward guidance on revenue for FY13 is far above estimates but it looks like EPS is slightly below estimates. I am guessing they are going conservative on EPS, expect some future upside surprises.