Friedman’s provides sales predictions

Jewelry retailer Friedman’s Inc., Savannah, Ga., said on Tuesday that same store sales-sales at stores open at least a year-could range from a decline of 2% to a rise of 4%.

The company also said it anticipates earnings of $1.10 to $1.70 a share for fiscal 2002, ending September 2002.

“At this time of increased economic uncertainty, we believe it is appropriate to provide investors with a variety of earnings scenarios for the current fiscal year,” Victor Suglia, the company’s senior vice president and chief financial officer, said in a statement.

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