ELDERSBURG, Md. — London Fog Industries reported net earnings in the third quarter ended Nov. 27 rose 9.8 percent with a 14.8 percent hike in sales.

Net earnings in the three months were $10.3 million versus $9.3 million a year ago. The most recent quarter includes a pretax charge of $1.2 million for a restructuring of domestic manufacturing operations, developed by the new top management put in place at the company last year.

Sales in the quarter were $151.1 million, against $131.6 million.

London Fog is privately held, but releases financial information to holders of its 13 5/8 percent senior subordinated notes.

Additional restructuring costs will be incurred in the fourth quarter, London Fog said, when a definitive restructuring plan is expected to be in place. The firm said these costs “may be significant.”

In the nine months, net earnings declined 24.8 percent, to $3 million, after the same restructuring charge, from $4 million a year earlier. Sales moved up 14.4 percent to $285.4 million from $249.4 million, reflecting increased sales to trade channels and in factory outlet stores.

Gross profit as a percentage of sales declined to 27.6 percent in the nine months from 28.7 percent a year earlier, reflecting aggressive markdowns to dispose of older, slower-moving merchandise at its factory outlet stores.