By  on March 2, 2010

Warnaco Group Inc.'s Calvin Klein business dominated a double-digit sales increase that helped the company return to profitability in the fourth quarter.

The firm said late Monday that, for the three months ended Jan. 2, net income was $11 million, or 23 cents a diluted share, against a loss of $16.3 million, or 35 cents, in the year-ago quarter. Excluding discontinued operations and items such as restructuring charges and pension expense, adjusted earnings per share more than doubled to 64 cents, 7 cents above analysts’ expectations, from 28 cents a year ago.

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