Friedman’s Projects 2004 Sales At $675-690 Million

September 03, 03 by Virginia Halevi

U.S. jewelry retailer, Friedman’s Inc. has announced a sales forecast of some $675-$690 million for the fiscal year ending October 4th 2004, anticipating earnings of $1.70 to $1.80 a share based on their 2004 sales projection.

The company said its estimate reflects the consolidation of results from its Crescent Jewelers affiliate, assumes same-store sales in the low single digits and a total store count of between 967 and 987 outlets.

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