Warnaco (WRNC) Repositions Swimwear Group; Updates Guidance
Get Alerts WRNC Hot Sheet
Join SI Premium – FREE
Warnaco Group, Inc. (NASDAQ: WRNC) said it is repositioning of its Swimwear Group designed to enhance the Company's future growth and profitability. Additionally, the Company announced that it will explore strategic alternatives for its Lejaby business.
On an adjusted (non-GAAP) basis, the Company now expects revenues for Fiscal 2007 to grow 9 - 11% over comparable Fiscal 2006 levels and expects income per diluted share from continuing operations of $2.05 - $2.15 (assuming minimal pension expense).
On an adjusted (non-GAAP) basis, the Company now expects revenues for Fiscal 2007 to grow 9 - 11% over comparable Fiscal 2006 levels and expects income per diluted share from continuing operations of $2.05 - $2.15 (assuming minimal pension expense).
You May Also Be Interested In
- Ardent Health Partners, Inc. (ARDT) Tops Q3 EPS by 8c; offers guidance
- Elong Power unit signs RMB2 billion energy storage supply deal
- Veeco Instruments (VECO) Misses Q3 EPS by 9c; Offers Guidance
Create E-mail Alert Related Categories
Corporate News, General News, GuidanceSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!





Tweet
Share