Warnaco Group Inc. (NYSE:WRC) registered decent third quarter 2011 adjusted earnings of $1.07 per share, in-line with the Zacks Consensus Estimate. However, it exceeded the prior-year earnings $1.04 per share by 2.9%.
The adjusted earnings excludes restructuring expenses, pension expenses, tax related items and other items. Including these items, earnings came in at $1.13 per share versus 90 cents in the prior-year period, which included a tax benefit of approximately $8.6 million.
The upswing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards