ANN INC Q1 Comparable Store Sales up 7.8%

ANN INC. ANN comparable sales for the quarter increased 7.8% versus the first quarter of 2010. At Ann Taylor, total brand comparable sales increased 15.3%, reflecting increases of 13.7% at Ann Taylor stores, 43.1% in the Ann Taylor e-commerce channel and 9.2% in the Ann Taylor Factory channel. At LOFT, total brand comparable sales were up 2.4%, reflecting a slight decrease of 1.0% at LOFT stores, which was more than offset by increases of 32.8% in the LOFT e-commerce channel and 15.7% in the LOFT Outlet channel.