CORRECT: New York & Co Q4 Sales Slip 4.7%
NEW YORK — New York & Co. articulated Thursday its fourth-quarter gross revenue fell to USD 359.4 000 000 from USD 377.3 000 000. The New York-based retail merchant also reaffirmedded its quarterly net guidance of 15 centimes to 19 centimes a portion, excluding discontinued operations. For the five percent ended Feb. 2, psychoanalysts polled by Thomson Financial expected, on average, net of 18 pennies a portion on gross of USD 380 000 000. Same-store gross sales in the recent quarter struck down 3.5%, the society said. New York shares struck down 4.6% Wed to USD 5.42. (Rights same-store decrease.)