By  on October 15, 2012

Joe’s Jeans Inc. unexpectedly moved into the black in the third quarter as both the wholesale and retail operations generated sales increases of more than 24 percent.

In the three months ended Aug. 31, net income hit $1.4 million, or 2 cents a diluted share, versus a loss of $2 million, or 3 cents, in the year-ago period. Analysts expected the company to report a 1 cent a share loss.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus