Gordtnans Raises 4Q Projections

摘要

Less than four months after its initial public offering, Midwest regional chain Gordmans generated above-planned operating results, driven by better-than-expected comp store sales, in its third quarter.rnDuring the company's third-quarter earnings call Thursday evening, president and ceo Jeff Gordman attributed the quarter's strength in part to "recent progress" on several key initiatives the 68-unit home decor and apparel retailer has recently adopted, such as an enhanced merchandise selection, refined inventory optimization strategies, and expanded geographic footprint.rnWith regards to the home department's performance in the quarter, he singled out kitchen trends, wall accents, decorative lighting and decorative pillows as "some of the key drivers of our home decor business."