J. Crew Group Inc. estimated full-year earnings would be in line with Wall Street estimates but reduced sales expectations for the fourth quarter, according to a regulatory filing with the Securities and Exchange Commission released Thursday.
The apparel retailer, which is expected to be acquired by TPG Capital and Leonard Green & Partners for $3 billion, anticipates annual earnings of $2.08 to $2.13 a share. Analysts were looking for EPS of $2.11, Yahoo Finance said.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)