Also . . .
- Share via
* Talbots Inc., operator of women’s and children’s apparel stores, said profit in its fiscal first quarter jumped 69% to $32.7 million, or $1.04 a share, in line with forecasts, as sales grew 22% to $357.8 million. The company said it benefited from increased sales of fashions at full price in its stores and on the Internet, as well as a 26% jump in catalog sales. Sales at stores open at least a year rose 17%. Talbots also increased the number of stores it plans to open this year to 55 from 52.
*
Bombay Company Inc. said its net loss narrowed to $1.7 million, or 5 cents a share, in its fiscal first quarter from $2.4 million, or 7 cents, a year ago. The furniture and home accessories retailer said sales increased 13% to $85.3 million. Same-store sales were up 9%.
*
Guide to Our Staff: Need to reach Business section reporters or editors? A guide to the section’s staff can be found at: http://my.nohib.com./bizstaff.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.