Warnaco Group Inc. (WRC) reported second quarter non-GAAP income from continuing operations of $0.72 per share after the close Monday, down from $0.82 per share in the previous year. The consensus estimate was for EPS of $0.64. The company now expects to report full year non-GAAP EPS of $4.00 to $4.15, compared to the consensus estimate of $4.01.
Warnaco Group gapped open higher Tuesday and climbed in early trade, before settling into a range. Shares finished up by 4.94 at $47.50 on above average volume. The stock climbed to a 3-month high and re-crossed its 50-day moving average.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.