NEW YORK — Gadzooks Inc. lowered its second-quarter earnings and sales estimates as July sales fell below expectations.

The Dallas-based specialty retailer reported Tuesday that July sales are trending significantly lower than the company had forecast, with month-to-date comparable-store sales for July down approximately 9 percent. As a result, Gadzooks now expects total July sales to be in the range of $23.5 million to $24.2 million, and from $76.1 million to $76.8 million for the second quarter.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus