Gymboree (GYMB): Apparel profits

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by Geoffrey Seiler, editor Bullmarket.com

Children’s clothing retailer Gymboree (NASDAQ: GYMB), which was just recently added to our Recommended List, reported a solid fiscal fourth quarter.

Better yet, the company offered fiscal Q1 guidance that exceeded Wall Street’s outlook and separately announced a franchise deal with a Middle Eastern-based company to launch the Gymboree brand in Dubai, Saudi Arabia, the United Arab Emirates, and other states in the region over the next five years.