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Kate Spade swings to profit on revenue boost

2015-08-05 18:01:03| Apparel - Topix.net

The sales increase and a boost in the low end of the company's earnings projections buoyed investors, who drove Kate Spade's stock up more than 8 percent in premarket trading. The clothing, handbag and accessories company reported profit of $8.5 million, or 7 cents per share, up from a loss a year ago.

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