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What: Shares of rue21
So what: Revenue rose 16% to $219.9 million, and earnings per share were $0.52, slightly ahead of estimates. It was guidance that investors had their eyes on today. Management said first-quarter earnings per share would be $0.42 to $0.44 next quarter and $1.74 to $1.79 for the full year, near the bottom of analysts' expectations.
Now what: The guidance wasn't all that bad, considering it was still in line with what analysts had expected. But sales at stores open at least a year fell slightly in the fourth quarter, always a warning sign for retail investors. I wouldn't panic-sell here, but I'm also not a buyer considering the same-store sales drop.
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Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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