Posted AT 8:30 AM EST on 21/11/08
AnnTaylor posts loss, sees weakness
NEW YORK — AnnTaylor Stores Corp. reported a quarterly loss Friday as the financial crisis exacerbated already weak sales trends, and the women's apparel retailer said it expects softness in consumer spending to persist through the current fourth quarter.
Given the volatile environment, AnnTaylor declined to provide an earnings forecast for the current quarter, which includes the crucial holiday season.
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