By  on November 4, 2011

Continued progress in Asia and Latin America more than compensated for softness in U.S. and southern Europe as Warnaco Inc. matched analysts’ estimates with a 7.5 percent increase in third-quarter profits.

In the three months ended Oct. 1, the New York-based apparel marketer generated net income of $44.6 million, or $1.03 a diluted share, versus profits of $41.5 million, or 90 cents, in the year-ago period.

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