Trimming Estimate for AnnTaylor Stores

S&P cites a sharp drop in September sales

Company: AnnTaylor Stores (ANN )

Year ending: Jan-02

Prior estimate: 2.25

New estimate: 1.50

Rationale: Sharp decline in September sales

Company: Dow Jones & Co (DJ )

Year ending: Dec-01

Prior estimate: 1.62

New estimate: 1.10

Rationale: Reflects soft advertising demand

Company: Gap (GPS )

Year ending: Jan-02

Prior estimate: 0.56

New estimate: 0.35

Rationale: Sluggish consumer spending

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