said Friday it expects to beat analysts' expectations for its fiscal fourth quarter, and will post earnings of 78 cents to 79 cents a share, ahead of the 18-broker
First Call/Thomson Financial
consensus for 75 cents a share.
The company said fourth-quarter revenues should come in around $640 million, beating the $613 million estimate. The retailer, which sells kitchen appliances and other housewares, said it was able to reduce inventory during what was a rough holiday season for retailers. The company is expected to report earnings the week of March 15.