By  on August 7, 2014

Ann Inc. was the downer among retailers reporting July comparable-store sales — and its shares suffered as a result.

Theretailer issued a warning on second-quarter sales on Thursday, stirringconcerns over the entire missy sector. Ann reported that second-quartersales, projected in May to reach $670 million, had come in $22 millionbelow that at $648 million and that gross margin, originally expected tohit 53.5 percent of sales, ended the quarter at 52.4 percent.

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