CHIC BY HIS NET DOWN IN QUARTER

NEW YORK--Chic By HIS reported third-quarter earnings fell to $2 million, or 21 cents a share, from $5.4 million, or 55 cents, a year ago, after a $1.5 million extraordinary gain.
Sales for the three months ended Aug. 5 climbed 19.6 percent to $117 million from $97.8 million.
For the nine months, the maker of jeans, casual pants and shorts for women and men earned $5.8 million, or 60 cents, compared to $8.3 million, or 85 cents. The year-ago includes a special gain amounting to $1.3 million.
Sales increased 14.5 percent to $300.7 million from $262.6 million.
--Fairchild News Service

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