Investors were looking for even more. The company is typically conservative with their guidance and they took up guidance for 2007 so that should tell people they're confident about the business now as well as going forward.
More Quotes from Christine Chen:
Weather had a huge impact. You're also coming off a strong January.Christine Chen
In that lowered guidance there's 15 cents of one-time items that will benefit the business long term. If you add it back in, they actually raised guidance.
Christine Chen
The luxury customer is still out there. Going into 2006 the luxury customer will continue to shop if the fashion and product are right.
Christine Chen
The teen is pretty recession proof and always likes to spend during the holiday season. The Gap unfortunately is still having trouble connecting with the customer.
Christine Chen
Look at the results of (Chico's) same-store sales. They keep posting incredible numbers year after year. Passport keeps growing and it gets people coming into stores.
Christine Chen
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