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February 6, 2013
16:10 EDTTRLGTrue Religion sees Q1 SSS slightly negative to flat
True Religion sees Q1 net sales in the U.S. Consumer Direct segment up in the mid single digit range compared to Q1 of last year primarily driven by new store growth. Same store sales are expected to range between slightly negative and flat in Q1. Net sales in the U.S. Wholesale segment are expected to increase slightly as compared to Q1 of 2012. Off-Price channel sales are expected to be flat compared to 2012. The International segment's net sales are forecasted to increase by approximately 10%.
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