Shares of AnnTaylor (ANN) gain 5.5% premarket after the company says it expects FY11 revenue to...

|By:, SA News Editor

Shares of AnnTaylor (ANN) gain 5.5% premarket after the company says it expects FY11 revenue to be $2.225B on comparable-store sales in the mid-single digits. The specialty retailer also says it anticipates ending the fiscal year with an increase in total inventory per square foot in the mid-single digits.