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Claire's Stores


upped its second-quarter forecast on a stronger sales outlook.

The costume jewelry and accessories store said it now expects to earn about 23 cents a share in the quarter, up from a year-ago loss of 2 cents and the company's earlier guidance of 17 cents. Analysts polled by Thomson Financial/First Call are looking for 17 cents as well.

Claire's said its June sales have continued to be very strong, leading to the stronger outlook.

Shares of Claire's Stores closed at $20.43 Wednesday before the new outlook.

For the full year, the company estimates EPS of $1.15 a share, in line with the consensus.