Retail Industry
Industry: Email Alert RSS FeedWarnaco, Authentic Fitness rack up record earnings: both firms, headed by Linda Wachner, showed double-digit gains.
Daily News Record, November, 1995
The two companies led by Linda J. Wachner, The Warnaco Group and Athletic Fitness Corp, set records with their most recent quarterly earnings. Warnaco saw its operating income rise 30.3% to $39.2 million on sales of $239.6 million in the 3rd qtr, compared with the previous year. Athletic Fitness saw its operating income rise 25.8% to $5.6 million on sales of $42.9 million during its first fiscal quarter.
NEW YORK (FNS) -- The Warnaco Group and Authentic Fitness Corp., both headed by Linda J. Wachner, reported record quarterly earnings on Tuesday.
Warnaco, fueled by the Calvin Klein licensed underwear line and women's infinite apparel, reported a 30.3 percent third-quarter gain in operating income to $39.2 million from $30.1 million a year earlier. Sales rose 10...
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