Wednesday, 25 July 2007

UPDATE 1-Cache posts lower quarterly profit; ups '07 view

(Reuters) - But Cache, which sells elegant eveningwear and
day-into-evening sportswear, raised its 2007 outlook to reflect
improved sourcing costs from its acquisition of Adrienne
Victoria Designs.




The company now sees 2007 earnings of 47 cents to 51 cents
a share, compared with its prior view of 47 cents to 49 cents a
share. Cache expects net sales of $271 million to $275 million,
up from its previous outlook of $267 million to $273 million.


Read more at Reuters.com Market News

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