By
Reuters
Reuters
Published
Nov 4, 2009
Nov 4, 2009
Warnaco posts higher profit
By
Reuters
Reuters
Published
Nov 4, 2009
Nov 4, 2009
NEW YORK, Nov 4 (Reuters) - Warnaco Group Inc (WRC.N) posted higher quarterly profit on Wednesday 4 November, helped by its international expansion of the Calvin Klein brand and tight inventory management.
![]() www.Warnaco.com |
The apparel maker, whose owned and licensed brands include Calvin Klein, Speedo and Olga, said third-quarter net income was $29.7 million, or 63 cents per share, compared to $26.5 million, or 56 cents per share, a year earlier.
Income from continuing operations was 66 cents per share, while adjusted income from continuing operations was 75 cents per share.
Net revenue was $520.9 million, down 5 percent from a year earlier. (Reporting by Martinne Geller; Editing by Derek Caney)
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