NEW YORK — Hartmarx Corp. reported last week that net income for the fourth quarter ended Nov. 30 rose 86.2 percent to $5.8 million, or 16 cents a share, from $3.1 million in the year-ago period.
Earnings per share were a full 6 cents higher than consensus estimates. Sales eked out a 0.1 percent increase to $151.6 million from $151.5 million in the year-ago period.
In the full year, net income grew 82.3 percent to $15.9 million, or 44 cents a diluted share, from $8.7 million, or 25 cents, in fiscal 2003. Sales were up 4.4 percent to $586.4 million from $561.8 million.
The more recent figures include more than $11 million in revenue and 4 cents a share from Misook, the women’s knitwear firm acquired in July. Those effects were partially offset by the discontinuation of an Evan-Picone license.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)