Rtw Retailwinds, Inc. Provides Earnings Guidance for the Third Quarter of Fiscal Year 2019; Plans to Open New Stores in Fiscal Year 2019
During the third quarter of fiscal year 2019, the company expects to open 3 New York & Company stores, remodel/refresh 1 New York & Company store, and close 1 New York & Company store and 1 Outlet store. For fiscal year 2019, the company expects to open approximately 8 New York & Company stores and 2 Fashion to Figure stores, convert 2 New York & Company stores to Outlet stores, and remodel/refresh 4 New York & Company stores and 2 Outlet stores, and close 11 to 13 New York & Company stores and up to 5 Outlet stores. The company plans to end fiscal year 2019 with roughly 402 to 404 stores, and approximately 2.0 million selling square feet.