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Wall Street Awaits Ann Inc. (ANN) Earnings and Economic Data

July 25, 2023
in Trade Tube
Reading Time: 1 min read
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We take a look at notable earnings and a couple of key economic reports due out for Friday, March 13th. Two apparel companies, Buckle (BKE) and Ann Inc. (ANN) along with sporting goods retailer Hibbett Sports (HIBB) are all reporting before the market opens. Ann is the parent company of Ann Taylor and LOFT brands. The fashion company is scheduled to release its fiscal fourth quarter earnings Friday morning. Wall Street analysts are expecting Ann to report continued weakness in its brands, along with a drop in foot traffic, more markdowns and inventory delays. On the economic calendar, we note the producer price index and the consumer sentiment level. TheStreet’s Kurumi Fukushima reports in New York.

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