Ann cited unfavorable weather conditions and higher-than-anticipated promotional activities as the primary reason for its dismal performance in the first quarter. However, it also said that traffic and sales improved towards the latter half of the quarter and the retailer was on course to deliver third consecutive year of record EPS.
Source: Markets
Author
Harry Joiner
“… a dominant recruiter in the client-side multichannel ecommerce space …” — SearchEngineWatch.com