True Religion Earnings Beats, Holiday Outlook Weak
True Religion Apparel (TRLG) reported third-quarter earnings above Wall Street estimates on Monday, but shares slid on weak guidance for the apparel manufacturer's important holiday quarter. The maker of high end jeans and other apparel said third-quarter earnings fell 4% to 49 cents per share, beating views by 4 cents. Sales rose 9.4% to $118.5 million, above estimates of $113.17 million. But same-store sales, or sales in stores open at least a
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