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True Religion Apparel, Inc. (True Religion) charts, markets, distributes and sells apparel beneath the brand appoint True Religion Brand Jeans to consumers on 6 continents,
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Shares of apparel retailer True Religion are looking to go out on their highs for the daytime after gaining throughout Mondays trading session. Although the earthquake of Janpan have produced big influnce for the earth economy, True Religion Apparel still keep at good condition. Volume has been anemic, so there probably isnt much to peruse into here, yet TRLG has gained 1. 13% to $23. 27 after trading lower during the a.m. hours. Year-to-date,
Cheap True Religion, the stock namely up nigh 25%.
Net income in the 3 months to 31 December rose to $15. 8m alternatively $0. 63 per share, from $14. 6m or $0. 59 per share in the same phase final annual. Total sales increased 19. 5% to $110. 9m, led at a 38. 4% mushroom in the US Consumer Direct segment,
True Religion Jeans, which includes the branded retail stores and e-commerce site. The companys 94 US stores account because 56. 3% of its revenues, worth $62. 5m. Same-store sales increased 7. 2%.
But US wholesale revenues fell 10. 9% to $28. 1m on lower sales of womens bonus denim in the ministry store outlet. While licensing revenue was smooth by $1. 4m. "This quarters International sales growth aids our decision to take extra direct control of opener marts in array apt effectively administer the commerce for long-term success and capture the very massive opportunities namely exist for our brand,
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Looking ahead,
True Religion Outlet, True Religion says it expects full-year income of $1. 80 per share on sales of $405m.
True Religion Outlet True Religion Apparel Index
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