je.st
news
US Q2 in brief: Men's Wearhouse, Pacific Sunwear, Belk, Genesco
2015-07-30 18:29:00| Daily apparel & textile news and comment - from just-style.com
Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. Men's Wearhouse grew its net income more than threefold, Pacific Sunwear posted a double-digit increase in profit, thanks to a non-cash gain, while Belk saw its net income more than halve due to higher expenses. Genesco booked a hike in earnings and Oxford Industries raised its full-year outlook despite swinging to a loss.
Tags: pacific
mens
wearhouse
belk
Category:Consumer Goods and Services