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By
Reuters
Published
Aug 10, 2011
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Maidenform Brands Q2 beats Street

By
Reuters
Published
Aug 10, 2011

August 10 - Apparel maker Maidenform Brands Inc posted market-topping quarter results helped by higher sales in its international markets, and the company forecast full-year profit above analysts' estimates.

Maidenform
Maidenform Vintage ad.

The company, whose brands include Flexees, Lilyette and Sweet Nothings, expects a full-year profit of $2.18 a share, excluding items, above analysts' average estimate of $2.15 a share, according to Thomson Reuters I/B/E/S.

Maidenform reported a second-quarter net income of $11.6 million, or 50 cents a share, compared with $13.7 million, or 59 cents a share, last year.

Excluding items, the company earned 67 cents per share, above analysts' expectations of 63 cents a share.

Revenue rose 14 percent to $170 million, beating estimates of $165.5 million.

Shares of the company closed at $22.36 on Tuesday on the New York Stock Exchange.

(Reporting by Chris Jonathan Peters in Bangalore; Editing by Sriraj Kalluvila)

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