By  on May 21, 2010

AnnTaylor Stores Corp., propelled by strong response to spring fashions selling at full price, swung into the black for the first quarter and said the momentum is continuing.

On Friday, the company posted a $22.6 million net profit for the first quarter ended May 1 compared with a loss of $2.3 million in the year-ago period. Earnings per diluted share came to 38 cents against a year-ago loss of 3 cents.

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