Talbots Catalog Sales Rise

Share this content:
Talbots Inc.posted a 5 percent increase in fiscal third-quarter profits yesterday as net income rose to $36.6 million, or 58 cents per diluted share, from $34.9 million, or 54 cents per share, a year ago.


Analysts on average had expected the company to post a profit of 57 cents per share, as estimates ranged from 57 to 59 cents, according to Thomson Financial/First Call.


Total sales for the quarter ended Nov. 3 dropped 1 percent to $393.9 million while sales at stores open at least one year fell 8.2 percent. Catalog sales increased 4 percent to $68.2 million from $65.8 million last year.


The Hingham, MA, company opened 37 new stores in the quarter to reach 787. Talbots said that it is on track to open 85 new stores next year.


close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above