ANN INC (NYSE: ANN) reported earnings on June 6. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended May 4 (Q1), ANN INC met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew slightly. GAAP earnings per share contracted significantly.

Margins shrank across the board.

Revenue details
ANN INC tallied revenue of $574.5 million. The 10 analysts polled by S&P Capital IQ predicted a top line of $575.1 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.44. The 14 earnings estimates compiled by S&P Capital IQ forecast $0.42 per share. GAAP EPS of $0.44 for Q1 were 24% lower than the prior-year quarter's $0.58 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 55.8%, 80 basis points worse than the prior-year quarter. Operating margin was 5.9%, 220 basis points worse than the prior-year quarter. Net margin was 3.6%, 150 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $640.0 million. On the bottom line, the average EPS estimate is $0.67.

Next year's average estimate for revenue is $2.53 billion. The average EPS estimate is $2.15.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 187 members out of 267 rating the stock outperform, and 80 members rating it underperform. Among 97 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 74 give ANN INC a green thumbs-up, and 23 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ANN INC is outperform, with an average price target of $34.60.

Is ANN INC the right retailer for your portfolio? Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks," including one above-average retailing powerhouse. Click here for instant access to this free report.