Other Industry News:
True Religion Apparel, Inc. (Nasdaq: TRLG) announced that the company will release its financial results for the third quarter ended September 30, 2010, after the market close on Wednesday, November 3, 2010. Mr. Jeffrey Lubell, Chairman, Chief Executive Officer and Chief Merchant, Mr. Michael Egeck, President, and Mr. Pete Collins, Chief Financial Officer, will host a conference call that afternoon (November 3, 2010) at 4:30 p.m. ET (1:30 p.m. PT) to discuss the financial results.
Maidenform Brands, Inc. (NYSE: MFB), a branded marketer of intimate apparel, today announced that the Company will release third quarter 2010 results before the market opens on November 10, 2010 at approximately 7:30 a.m. Eastern Time. Maidenform will host a conference call and webcast on the same day at 8:30 a.m. Eastern Time to review these results and provide an update on the overall business. To participate in the conference call, please dial the phone number below five to ten minutes prior to the scheduled start time. The conference call telephone number is (866) 578-5784 and the passcode is "Maidenform"
Under Armour, Inc. (NYSE: UA) announced financial results for the third quarter ended September 30, 2010. Net revenues increased 22% in the third quarter of 2010 to $328.6 million compared with net revenues of $269.5 million in the third quarter of 2009. Net income increased to $34.9 million in the third quarter of 2010 compared with $26.2 million in the prior year's period. Diluted earnings per share for the third quarter of 2010 were $0.68 on weighted average common shares outstanding of 51.2 million compared with $0.52 per share on weighted average common shares outstanding of 50.7 million in the third quarter of the prior year. EPS benefited approximately $0.05 from a lower than expected effective income tax rate of 37.7%, primarily resulting from federal and state tax credits and tax planning strategies.
Frederick's of Hollywood Group Inc. (Amex: FOH) announced financial results for its fiscal 2010 fourth quarter and year ended July 31, 2010. Thomas Lynch, the Company's Chairman and Chief Executive Officer, stated, "We have made significant improvements to our business throughout fiscal 2010. This has included advancing our strategy to become a sexy lifestyle brand and a focus on web-based initiatives to increase online sales. We also have strengthened our balance sheet, setting a clear path for the Company's future growth.
Crown Crafts, Inc. (Nasdaq: CRWS) announced that E. Randall Chestnut, Chairman, President and Chief Executive Officer, and Olivia Elliott, Vice President and Chief Financial Officer, will present at three upcoming industry conferences, Southwest IDEAS Conference, being held at the Hilton Anatole Hotel in Dallas on November 10-11, 2010. Wedbush Securities 11th Annual California Dreamin' Management Access Conference, being held December 8, 2010 at the Fairmont Miramar Hotel in Santa Monica, CA., and Sidoti & Company Semiannual Microcap Conference, being held January 10, 2011 at the Grand Hyatt New York Hotel in midtown Manhattan. These conferences represent strong venues for investor outreach and communication to a mix of accredited investors, portfolio managers and analysts. Each presentation will be webcast and available for live viewing on the Company's website, www.crowncrafts.com.
Inter Parfums, Inc. (NASDAQ GS: IPAR) announced that net sales for the third quarter of 2010 reached $120.9 million, a 2.8% increase from $117.5 million in the third quarter of 2009. At comparable foreign currency exchange rates, net sales for the third quarter were up 12.9%. Thus, net sales for the first nine months of 2010 increased 17.3% to a record $348.0 million from $296.6 million in the same period last year. At comparable foreign currency exchange rates, net sales for the first nine months of 2010 rose 22.6%. Inter Parfums plans to issue final results for the third quarter of 2010 on or about November 9, 2010 and conduct a conference call on the following day.
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