Branded casual denim marketer I.C. Isaacs net sales up
27 Nov '06
3 min read
For the 2006 fiscal year, despite a slower third quarter than anticipated, the Company believes it is likely to report full year earnings toward the low end of its previously issued diluted earnings per share guidance of $0.76 to $0.79 per share.
The low end of the guidance range represents growth of approximately 25 percent compared to last year's operating result of $0.61. This estimate range excludes the impact of adoption of FASB 123R, which is anticipated to be approximately $0.08 per diluted share for the full fiscal year.
Mr. Rizzo concluded, “We continue to evaluate various ways in which we can diversify our business and are moving down several strategic paths to address further opportunities for growth. We believe the steps we are taking now will enhance our brand and broaden our overall offering in the upcoming fiscal year.”
marketing@alchempro.com
