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Net income up 33% at Ann Taylor
New York City -- Ann Inc., formerly known as Ann Taylor Stores Corp., reported that its second -quarter earnings rose 33% $24.8 million, helped by strong online sales and a jump in revenue at the company's Loft stores. The company raised its full-year sales guidance, saying it is confident despite the challenging consumer environment.
It was the company’s eighth consecutive quarter of double-digit earnings growth