By  on August 8, 2012

Difficulties in Europe and the U.S. prompted Maidenform Brands Inc. to lower its outlook for the year, sending the firm’s stock lower.

“Continued weakness in Europe and a choppy domestic market are placing downward pressure on our outlook, however we continue to execute well against our strategies and we are excited about our upcoming new product launches and branding initiatives," said Maurice Reznik, chief executive officer.

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