Charlotte Russe Raises Earnings Guidance

San Diego, Charlotte Russe Holding Inc. raised its quarterly earnings guidance to the range of 28? per share to 30? per share following a strong holiday performance. The women’s wear retailer previously forecast earnings of 17? per share to 21? per share.

The merchant reported a 34% increase in sales for its first quarter ended Dec. 24. The improvement was supported by comps growth of 15.6%.