Ann Inc. Fit is Everything

ANN INC. Reports Third Quarter 2014 Results

Nov 21, 2014, 7:45 am

NEW YORK, Nov. 21, 2014 /PRNewswire/ -- ANN INC. (NYSE: ANN) today reported results for the fiscal third quarter, ended November 1, 2014. For the fiscal third quarter of 2014, the Company reported earnings per diluted share of $0.65 on a GAAP basis, or $0.72 per diluted share excluding the impact of a charge associated with the closure of Ann Taylor's Madison Avenue store of approximately $0.07 per diluted share.  This compares with earnings per diluted share of $0.89 in the third quarter of 2013. Kay Krill, President and Chief Executive Officer, said, "Our results for the third quarter were slightly ahead of the outlook we provided earlier this month. As previously noted, our performa...

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ANN INC. Updates Outlook for Third Quarter and Full Year 2014

Nov 06, 2014, 7:01 am

-- Provides Fourth Quarter 2014 Outlook -- -- Company Launches Comprehensive Supply Chain Initiative -- NEW YORK, Nov. 6, 2014 /PRNewswire/ -- ANN INC. (NYSE: ANN) today updated its outlook for the fiscal third quarter and full year 2014, and provided its outlook for the fiscal fourth quarter of 2014.  Kay Krill, President and Chief Executive Officer, said, "Our results for the third quarter at both the Ann Taylor and LOFT brands fell short of our expectations, reflecting lower mall traffic and a highly promotional retail environment.  In addition, sales during the first half of the quarter were negatively impacted by product shipment delays related to labor uncertainty at the...

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ANN INC. Enters into a Non-Disclosure Agreement with Golden Gate Capital

Oct 14, 2014, 4:22 pm

NEW YORK, Oct. 14, 2014 /PRNewswire/ -- ANN INC. (NYSE: ANN) today announced that it has entered into a non-disclosure agreement with Golden Gate Capital providing for the sharing of certain non-public information with Golden Gate. The Company said that subsequent to Golden Gate's filing of a 13D on March 20, 2014, it has been engaged in a collaborative, constructive dialogue with Golden Gate.  The Company and Golden Gate believe that, given Golden Gate's expertise in specialty retail and the positive interactions between the companies to date, it would be beneficial to continue discussions on a more detailed basis. ABOUT ANN INC. ANN INC. is the parent Company of Ann Taylor and L...

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ANN INC. Furthers Strategic International Expansion With Entry Into Mexico

Oct 07, 2014, 7:30 am

--Fashion retailer LOFT opens first of three stores planned for 2014-- NEW YORK, Oct. 7, 2014 /PRNewswire/ -- ANN INC. (NYSE: ANN) today announced the opening of its first LOFT store in Mexico, continuing the Company's international expansion.  The store is located in the Antea Lifestyle Center in Queretaro, with additional locations planned for later this year in Mexico City's Parque Toreo Mall and Puebla's Angelopolis Mall.  ANN INC. is working with its franchise partner Grupo Axo to establish its retail presence in Mexico. Kay Krill, ANN INC.'s President and CEO, noted, "Entering Mexico is a natural next step in our international expansion strategy that takes advantage of our brand...

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ANN INC. Expands Support of Critical Breast Cancer Research and Awareness

Sep 24, 2014, 7:31 am

Company Fully Funds 17 Pioneering Research Grants with Record Breaking $4.25 Million Donation to The Breast Cancer Research Foundation® NEW YORK, Sept. 24, 2014 /PRNewswire/ -- ANN INC. (NYSE: ANN), the parent Company of Ann Taylor and LOFT, today announces  its expanded commitment to The Breast Cancer Research Foundation (BCRF) through its annual Breast Cancer Awareness campaign and latest in-store and online promotions. Since 2005, the Company has donated $18.5 million to BCRF, with a record breaking $4.25 million donated last year alone. The annual contribution expands the Company's longstanding support of advancing lifesaving science by fully funding seventeen research grants this yea...

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ANN INC. and Vital Voices Award 40 ANNpower Grants to Future Women Leaders

Sep 22, 2014, 7:30 am

Projects Set to Inspire Change in Communities by Addressing Critical Societal Issues NEW YORK, Sept. 22, 2014 /PRNewswire/ -- ANN INC. (NYSE: ANN), the parent Company of Ann Taylor and LOFT, and Vital Voices Global Partnership are pleased to announce the 2014 ANNpower Grantees. Through the ANNpower Vital Voices Initiative, ANN INC. will fully fund 40 project grants in communities throughout the United States, Canada, and Puerto Rico. The ANNpower Grantees represent a select number of ANNpower Fellows. These young women are currently high school or college students who are committed to driving positive social change in their home communities and globally. The funded projects address a ...

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ANN INC. Responds to Engine Capital LP and Red Alder LLC

Sep 15, 2014, 9:12 am

NEW YORK, Sept. 15, 2014 /PRNewswire/ -- ANN INC. (NYSE: ANN) issued the following statement today in response to a press release issued by Engine Capital LP and Red Alder LLC: The Company and its Board of Directors always welcome open communications with our shareholders and value their input.  We have met with Engine Capital and Red Alder, and the full Board has had the opportunity to review the presentation of Engine Capital and Red Alder referenced in their press release.  The ANN INC. Board is very active and consistently has been, and remains, focused on enhancing shareholder value.  To that end, the Board regularly reviews all options reasonably available to the Company and, as...

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ANN INC. to Release Third Quarter 2014 Results on November 21st

Sep 05, 2014, 4:15 pm

NEW YORK, Sept. 5, 2014 /PRNewswire/ -- ANN INC. (NYSE: ANN) will release its third quarter 2014 results on Friday, November 21, 2014.  Results will be released over PR Newswire at approximately 7:45 A.M. Eastern Standard Time.  The Company will also host a live conference call and simultaneous audio webcast from 8:30 A.M. to 9:30 A.M. Eastern Daylight Time which will include comments from management and a question and answer session. Parties interested in participating in this call should dial in at 888-469-3144 five minutes prior to the start time.  The conference access code is 8117215.  A recording of the call will be available from November 21st through November 29th.  To hear the re...

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ANN INC. Issues Statement Regarding Engine Capital and Red Alder Press Release

Aug 25, 2014, 7:56 am

NEW YORK, Aug. 25, 2014 /PRNewswire/ -- ANN INC. (NYSE: ANN) today issued the following statement regarding the press release issued today by Engine Capital and Red Alder: ANN INC. welcomes open communications with its shareholders and values constructive input toward the goal of enhancing shareholder value. Our Board and management team are committed to creating value for all ANN INC. shareholders, and we will continue to take actions to accomplish this goal and position the Company for growth and success. About ANN INC.  ANN INC. is the parent Company of Ann Taylor and LOFT, two of the leading women's specialty retail fashion brands in North America.  As of August 2, 2014...

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ANN INC. Reports Second Quarter 2014 Results

Aug 22, 2014, 7:30 am

-- Company Provides Outlook for the Fiscal Third Quarter 2014 -- NEW YORK, Aug. 22, 2014 /PRNewswire/ -- ANN INC. (NYSE: ANN) today reported results for the fiscal second quarter of 2014, ended August 2, 2014.  The Company also provided its outlook for the third quarter and updated its outlook for fiscal 2014. For the fiscal second quarter of 2014, the Company reported earnings per diluted share of $0.70, compared with earnings per diluted share of $0.76 in the second quarter of 2013.  Kay Krill, President and Chief Executive Officer, commented, "Our results for the quarter were slightly better than the outlook we provided earlier this month.  As previously reported, while the quar...

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