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Outlook roundup: Tech Data, Bon-Ton Stores



By AP
22 May 2008 @ 10:48 am EST

Among the earnings projection stories for Thursday, May 22, from AP Financial News:

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TECD 32.97 0.26
BONT 4 -0.03
PDCO 31.5 -0.27
NWY 11.48 0.06
ANN 25.46 0.39
SSI 15.3 -0.53

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CLEARWATER, Fla. (AP) -Technology products distributor Tech Data Corp. said Thursday it expects fiscal second-quarter sales above Wall Street's expectations, with flat sales in the Americas region but mid- to high-single-digit growth in Europe on a local currency basis.

YORK, Pa. (AP) -Bon-Ton Stores Inc. on Thursday lowered its full-year outlook, forecasting a sharper decline in same-store sales than previously expected.

ST. PAUL, Minn. (AP) -Patterson Cos. Inc., which supplies veterinary, dental and rehabilitation products, on Thursday forecast earnings in a range that includes Wall Street expectations.

NEW YORK (AP) -Women's apparel retailer New York & Co. raised its 2008 guidance on Thursday, after reporting that first-quarter earnings jumped on expense reductions.

NEW YORK (AP) -AnnTaylor Stores Corp. maintained its fiscal full-year adjusted profit forecast Thursday after reporting adjusted first-quarter profit that topped Wall Street's expectations.

HOUSTON (AP) -Stage Stores Inc. lowered its full-year earnings and sales forecasts Thursday, citing current economic conditions.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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