×
4 393
Fashion Jobs
DR. MARTENS
Merchandising Manager, Korea
Permanent ·
DR. MARTENS
Corporate Talent Acquisition Manager
Permanent · SHIBUYA CITY
STELLA MCCARTNEY
Studio Coordinator
Permanent · LONDON
HARVEY NICHOLS KNIGHTSBRIDGE
Collect in Store Consultant
Permanent · LONDON
EVERLAST GYMS
General Assistant - Everlast Fitness
Permanent · CARDIFF
EVERLAST GYMS
General Assistant - Everlast Gyms
Permanent · NEWCASTLE UPON TYNE
FRASERS GROUP
Senior Digital Trading Manager
Permanent · SHIREBROOK
FRASERS GROUP
Senior Digital Trading Manager
Permanent · STRETFORD
HUGO BOSS UK LTD.
Head of Transport And Customs
Permanent · LONDON
CLARKS
HR Business Partner - Distribution & Corporate
Permanent ·
NEW LOOK
Sales Manager
Permanent · ABERDEEN
PRIMARK
Project Manager
Permanent · ISLIP
SCHUH
Head of Central Merchandising
Permanent · BATHGATE
HOLLISTER CO. STORES
Hollister CO. - Brand Representative, Meadowhall
Permanent · Sheffield
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Brand Representative, George Street
Permanent · Edinburgh
HOMESENSE
20066- tk Maxx Homesense Greenwich / Thurrock Security Loss Prevention Advisor Full Time 37.5 Hrs
Permanent · London
COTY
Pan eu Senior Key Account Manager
Permanent · London
DR. MARTENS
Finance Accounting Manager, Korea
Permanent ·
VIVIENNE WESTWOOD
Accounts Payable Assistant
Permanent · LONDON
MULBERRY
Warehouse Administrator
Permanent · SHEPTON MALLET
FRASERS GROUP
PR Manager - Flannels
Permanent · LONDON
EVERLAST GYMS
General Manager - Everlast Gyms
Permanent · EPSOM
Ads
By
Reuters
Published
Jul 31, 2013
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Jones Group posts surprise profit helped by jeans wear surge

By
Reuters
Published
Jul 31, 2013

Jones Group, the fashion and footwear company behind such brands as Nine West, Stuart Weitzman, and Jones New York, reported an unexpected operating profit on Wednesday, helped by a surge in sales of its jeans to U.S. department stores last quarter.

Revenue slipped 1.1 percent $845.6 million, but was still better than the $837 million Wall Street was expecting, according to Thomson Reuters I/B/E/S.

Wholesale jeans wear sales, previously a struggling business, led the charge with a 20.9 percent jump, and international wholesale footwear sales also improved.

Jones' posted a net loss of $3.2 million, or 5 cents per share, for the period ended July 6, compared with net income of $8.4 million, or 10 cents a share, a year earlier.

But excluding costs related to restructuring, the company earned 2 cents per share, while Wall Street was expecting a loss of 12 cents per share.

Jones lowered its sales forecast for the fiscal year slightly to a range of $3.79 billion to $3.89 billion, from $3.80 billion to $3.95 billion. The new range was largely in line with Wall Street expectations.

© Thomson Reuters 2023 All rights reserved.