By  on November 9, 2011

Shares of Maidenform Brands Inc. dropped 25.8 percent Wednesday after the company posted a 20.3 percent decline in third-quarter income.

For the three months ended Oct. 1, the company said income was $10.2 million, or 44 cents a diluted share, from $12.8 million, or 55 cents, last year. Sales inched up 1.7 percent to $148.2 million from $145.8 million.

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