Interviews
The company reported net earnings of $0.80 per diluted share in the quarter as compared to $0.93 per diluted share in the previous quarter.
Net sales for the quarter stood at $2.78 billion, flat to prior year quarter.
Comparable sales in the first quarter of FY16 decreased 0.5 per cent, compared with an increase of approximately 2.2 per cent in the prior fiscal quarter.
The board of directors have declared a quarterly dividend of $0.125 per share to be paid on October 15, 2016. (MCJ)
Fibre2Fashion News Desk - India