Warnaco news and archive

Warnaco Q2 net revenues down by 5 percent

Warnaco Group’s net revenues decreased 5 percent in the second quarter ended June 30, 2012. Gross margin decreased 130 basis points to 42 percent of net revenues. In the second quarter the group’s net revenues fell 5 percent to 563.9 million dollars (Rs 3,126 crores), compared to the prior year period and were flat in constant currency. In the...

Apparel

Net revenue of Warnaco declined 7% in Q1

The Warnaco Group reported results for the first quarter ended March 31, 2012. For the first quarter net revenues were $615.5 million (Rs 3,306 crores), a decline of 7% compared to the prior year period. Income per diluted share from continuing operations was $0.78 (Rs 38.6) compared to $0.98 (Rs 52.6) in the prior year period. Income per...