Shares of The Talbots Inc. pulled back nearly 23 percent Tuesday despite a 17.1 percent jump in third-quarter profits after the company said fourth-quarter sales could decline given the “challenging and promotional environment.”
For the three months ended Oct. 30, net income was $17 million, or 24 cents a diluted share, from $14.6 million, or 26 cents, last year. Adjusted EPS of 27 cents was 1 cent better than analysts’ consensus estimates.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"