Flagging sales, pared margins and restructuring charges helped shrink Maidenform Brands Inc.’s fourth-quarter earnings by almost 62 percent, but the innerwear maker’s adjusted results beat analysts’ predictions.
The Iselin, N.J.-based firm said Wednesday that first-quarter and full-year earnings would match or top the Wall Street estimates. The better-than-expected performance and positive guidance helped to lift Maidenform shares 15 cents, or 1.8 percent, to $8.73.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
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