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Gordmans Stores lowers guidance after slow month

  • Gordmans Stores (NYSEARCA:GMAN) reports comparable-store sales on an owned + licensed basis were down 1.9% in December.
  • The company says warm weather during the month in the Midwest impacted demand.
  • Due to the soft month, Gordmans lowers Q4 EPS to $0.04-$0.07 vs. $0.12-$0.16 prior and $0.15 consensus.

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