By and  on June 23, 2008

Tommy's talking turnaround again — and still, an initial public offering.

Two years after Apax Partners acquired Tommy Hilfiger for $1.6 billion, Fred Gehring, the company's chief executive officer, today will unveil financial results for the year ended March 31 that trumpet a 23.9 percent surge in earnings before interest, taxes, depreciation and amortization to 268 million euros, or $377 million at average exchange, on sales that grew 14.4 percent to 1.34 billion euros, or $1.88 billion.

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