NEW YORK — Declines in its wholesale business outweighed gains at retail as St. John Knits International Inc.’s earnings slid by nearly two-thirds in the third quarter.

In the three months ended Aug. 3, the Irvine, Calif.-based sportswear maker reported net income of $1.9 million, or 29 cents a diluted share, 66.3 percent below the year-ago mark of $5.8 million, or 76 cents. Preferred stock dividends in the 2002 quarter subtracted an additional $737,000 from income allocated to common stockholders.

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