Talbots Expects Higher Than Forecast Earnings

Cataloger/retailer Talbots Inc., based in Hingham, MA, expects to report earnings of 56 cents to 60 cents a share for the quarter ending Oct. 30, higher than previously forecast, according to reports.

Profit got a boost from a 17% gain in same-store sales last month.

This marks the sixth time in the past seven quarters that Hingham, MA-based Talbots has said it will beat profit forecasts. In August, the company reported an 18% increase in same-store sales.