Tween Brands topples on lowered Q1 guidance
Shares of Tween Brands, Inc. (NYSE:TWB) are veering lower this morning after the tween girls specialty retailer said this morning that it is lowering its first-quarter earnings guidance due to a decline in its Limited Too stores’ comparable store sales and executive severance costs.
Shares skidded 20%, or $4.58, to $18.60 at 9:43 a.m. ET. For detailed price information and recent news stories about Tween Brands, click TWB.
