By  on November 6, 2008

The Warnaco Group Inc. posted higher third-quarter earnings and revenues on Thursday, but trimmed its profit forecast for the year in preparation for a weaker fourth quarter.

For the three months ended Oct. 4, Warnaco’s net income increased to $26.5 million, or 56 cents a diluted share, from $4.4 million, or 10 cents, in the same year-ago period.

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