Shares of women’s specialty chain The Talbots Inc. dropped 14.6 percent Tuesday to $10.71, after the retailer of classic women’s apparel lowered its third-quarter revenue guidance.
Citing inconsistent traffic patterns at its stores, the Hingham, Mass.-based retailer now expects third-quarter sales to fall by a low-single-digit percentage. According to chief executive officer Trudy F. Sullivan, the decline is a “reversal of the improving trends we saw in the first half of the year [although] sales in our direct business continue to trend positive quarter-to-date.”
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
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