>>
Home / Knowledge / News / Fashion / Liz revises adjusted EPS guidance to a range of $1.40 to $1.60

Liz revises adjusted EPS guidance to a range of $1.40 to $1.60

13
May '08
Liz Claiborne Inc announced earnings for the first quarter. On a GAAP basis, the loss per share from continuing operations was ($0.16) compared to diluted earnings per share ("EPS") from continuing operations of $0.10 for the first quarter of 2007. Adjusted diluted EPS from continuing operations for the first quarter of 2008 were $0.28 compared to adjusted diluted EPS from continuing operations of $0.16 for the first quarter of 2007. Net sales for the first quarter of 2008 (which had an extra week as compared to the prior year) were $1.122 billion, an increase of 4.9% from 2007, which excluded net sales from discontinued operations in both periods.

The first quarter 2008 results on an adjusted basis exclude the impact of expenses incurred in connection with the Company's streamlining activities, the loss on disposal of discontinued operations and the results of discontinued operations. The first quarter 2007 results on an adjusted basis exclude the impact of expenses incurred in connection with the Company's streamlining activities and the results of discontinued operations.

The Company believes that the adjusted results for the first quarter of 2007 and 2008 and the adjusted projected results for fiscal 2008 represent a more meaningful presentation of its historical and estimated operations and financial performance since these results provide period to period comparisons that are consistent and more easily understood. The attached tables, captioned "Reconciliation of Non-GAAP Financial Information", provide a full reconciliation of actual results to the adjusted results.


Must ReadView All

Pic: Shutterstock

Textiles | On 20th Jan 2022

Chinese central bank cuts rates on medium-term loans, reverse repos

The People's Bank of China recently cut interest rates of its...

Pic: Shutterstock

Retail | On 20th Jan 2022

Clothing retail sales in US grew 33.1% during holiday season: NRF

Retail sales during 2021’s November-December holiday season grew 14.1 ...

Pic: Shutterstock

Textiles | On 20th Jan 2022

ILO downgrades labour market recovery forecast for 2022

Geneva-based International Labour Organisation (ILO) has downgraded...

Interviews View All

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Cannot see the world breaking away from cotton & polyester

Textile Industry, Head honchos

Textile Industry
Head honchos

Strongly believe in 'people first' policy.

Textile Industry, Head Honchos

Textile Industry
Head Honchos

Increase foreign exchange and create jobs

Dr. Ajay Sahai,

Dr. Ajay Sahai

Set up in 1965 by Ministry of Commerce, Government of India to focus the...

Dr. A Sakthivel,

Dr. A Sakthivel

Incorporated in 1978, the Apparel Export Promotion Council (AEPC) is the...

Daniele Uboldi,

Daniele Uboldi

EptaInks is the screen-printing division of Eptanova, a company that...

Christopher Astley, INDA

Christopher Astley
INDA

<font face="Arial, sans-serif"><span style="font-size: 16px;">INDA,...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll
Lenzing

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Frank Heislitz, Freudenberg Performance Materials

Frank Heislitz
Freudenberg Performance Materials

Freudenberg Performance Materials is a leading global manufacturer of...

Kamal Khushlani, Mufti

Kamal Khushlani
Mufti

Based out of Mumbai, Mufti is a men’s clothing fashion brand. In an...

Rocky Star, Label - Rocky Star

Rocky Star
Label - Rocky Star

<b>Rocky Star,</b> an Indian designer known for his inspiration from the...

Sunita Shanker, Label Sunita Shanker

Sunita Shanker
Label Sunita Shanker

Inspired by the rich traditional crafts of India, Sunita Shanker’s work is ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

J ;& P Coats
SHAHI Exports Pvt Ltd
SYNERGIES HONG KONG LIMITED
Green Fibre
Desigual - ABASIC, S.A.
TESCO INTERNATIONAL SOURCING LIMITED
Seasalt Limited
IDH – The Sustainable Trade Initiative
T.T. Limited
Aramark Uniform ;& Career Apparel, LLC
Huntsman (Singapore) Pte Ltd
Reiter India Private Limited
Midas Clothing Limited
Alison Hayes Romania
Chico’ FAS
Babyshop
Maceton Limited
Recron Polyester from Reliance Industries Limited
Groz-Beckert East Asia LLP
Gap International Sourcing Limited
Lululemon Athletica Inc
KAS Direct Sourcing
Truetzschler India Private Limited
Rayonese Textile Inc., Division de Culp Inc.
MAS Active / MAS Kreeda / MAS Bodyline
Target Corporation (MN)
International Textile Manufacturers Federation
NITI Aayog
Lifestyle
John Varvatos
Eastman Chemical Company
Tchibo GmbH
H;&M Hennes ;& Mauritz (Far East) Ltd
Guess Europe Sagl,
Tommy Hilfiger
Esprit Europe Services GmbH
Walmart
Helly Hansen Far East Ltd
THE BOMBAY DYEING ;& MFG.CO. LTD
Rosset ;& Cia Limited
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Lisa S.P.A.
Calvin Klein
OVS Hong Kong Sourcing Ltd.
Abit
Sportmaster Ltd.
Tory Burch Hong Kong Ltd
Hela Clothing Pvt Ltd
BIMBA ;& LOLA SL
Restoque S.A.
Cat Tuong Real Estate Group Joint Stock Company
Aquarelle Clothing Limited
Alix Partners
Etam Group Strategy Hong Kong Limited
Gloria Jeans
Lenzing Aktiengesellschaft
The LYCRA Company Singapore  Pte. Ltd
Under Armour Global Sourcing Ltd
The Top Form Brassiere Manufacturing Company Limited
Decathlon
Sportswear Company Spa
Grasim Industries Limited
Sainsbury's Argos Asia Limited
Vianney Textil Hogar S.A. De C.V.
Splash
Amazon China
Bluestem Global Sourcing Limited
Arvind Limited
G-Star Raw C.V.
Vardhman Textile Ltd
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
KIABI
Asos
Lacoste (Wanchai)
Chori Company Limited
Puma
Landmark Group
BIANCA
IKEA of Sweden AB
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
PVH Corporation
Boardriders Asia Sourcing Limited
C;&A Sourcing International Ltd
Sateri (Jiujiang) Fiber Co.,Ltd
LC Waikiki
Permoda(Koaj/Armi/Pronto/Bkul)
Page Industries Limited (Bangalore)
Benetton Group
Gokaldas Exports Limited
Varner AS Retail

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search