Tuesday, True Religion Apparel Inc. (TRLG) reported third-quarter net income of $14.1 million or $0.58 per share, compared to net income of $15.4 million or $0.64 per share in the same quarter last year.
On average, five analysts polled by Thomson Reuters expected the company to earn $0.59 per share for the quarter. Analysts' estimates typically exclude special items.
Total sales for the quarter were $82.4 million, up 3.8% from $79.4 million in the comparable quarter last year. Analysts expected the company to report revenue of $84.62 million for the quarter.
Looking ahead to the full year 2009, the company expects net sales in the range of $295 million - $300 million, compared to the prior guidance range of $293 million - $300 million. Earnings is expected to be in the range of $1.82 - $1.86 per share, compared to previous guidance of $1.76 - $1.84 per share. Analysts currently anticipate the company to earn $1.88 per share on revenue of $303.07 million for the quarter.
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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.