dELiA*s Corp, the multi-channel retailer to teenage girls and young women, today announced its outlook for fiscal 2001.

In connection with the merger of dELiA*s Inc and iTurf Inc in November 2000 and previously announced plans to dispose of its non-core operations, the company has issued guidance for its branded businesses: dELiA*s Direct, which includes the company catalogue and dELiAs.cOm web site; and dELiA*s Retail, which covers the company's 31 retail stores and four outlet stores.

The company stated that it expects consolidated revenues to be in the range of $160-165m for fiscal 2001. The company also said it expects both dELiA*s Direct and dELiA*s Retail to be EBITDA-positive for the full fiscal year, and that it projects positive earnings per share in the fourth quarter of fiscal 2001.

Dennis Goldstein, chief financial officer, said: "We are pleased with the progress we are making as we continue to focus our business on the core dELiA*s franchise.

"In 2001 we look forward to strong positive EBITDA contributions from both the Direct and Retail segments of the business. We are optimistic that the company's results will increasingly reflect the success of the strategic initiatives we are implementing to enhance shareholder value."