USA: Gadzooks Cuts Outlook Amid Sales Slump
Clothing chain Gadzooks Inc admitted on Tuesday it had been forced cut its second quarter forecast amid a sales slump this month. The teen-oriented firm said in a statement same-store sales would fall around nine per cent this month to about $24 million and total sales to $76.1m-$76.8m. It had originally expected an increase in same-store sales.
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