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Liz Claiborne (LIZ) Executives Issue Comments - Reuters

November 4, 2009 11:02 AM EST
LIZ Hot Sheet
EPS Growth %: +60.7%

Financial Fact:
Other (expense) income, net: -2.33M

Today's EPS Names:
CIM, KH, BLOX, More
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.

[SM]

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