Liz Claiborne (LIZ) Executives Issue Comments - Reuters
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Reuters reports on Liz Claiborne (NYSE: LIZ) executive comments: Says company seeing flat to positive comps at retail; CEO sees Q4 sales down 10-15% but Q4 gross margin improvement of about 200 basis points vs. Q3
CEO says consumer spending remains depressed and promotions continue; Sees sequential operating profit improvement -- sees Q4 better than Q3 and first half of 2010 better than first half of 2009.
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