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'Holiday season to generate better financial results' – Jones CEO
29 Oct '09
4 min read
Mr. Card concluded: "We are operating from a position of strength in what continues to be an uncertain consumer environment. Plans for the balance of the year are conservative and we are encouraged that inventories remain well controlled across all retail channels. We are cautiously optimistic that the holiday season will generate better financial results across the industry. We are positioning the Company for the economic recovery and remain focused on enhancing our core brands, increasing market share and controlling our inventories and expenses."
The Company's Board of Directors has declared a regular quarterly cash dividend of $0.05 per share to all common stockholders of record as of November 13, 2009 for payment on November 27, 2009.
The Company's Board of Directors has declared a regular quarterly cash dividend of $0.05 per share to all common stockholders of record as of November 13, 2009 for payment on November 27, 2009.
Jones Apparel Group Inc
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