11/07/2008

Incentive to doubt #10,284,301

Does god exist?

WWD

Premium denim apparel vendor True Religion Apparel Inc.’s 75.6 percent leap in third-quarter profits blew past analysts’ estimates and prompted an increase in its full-year guidance.

For the quarter ended Sept. 30, the jeans and sportswear marketer reported net income of $15.4 million, or 64 cents a diluted share, compared with $8.8 million, or 37 cents a share, in the same year-ago period. Net sales were up 63.9 percent to $79.4 million, from $48.4 million. Analysts polled by Yahoo expected earning per share of 47 cents on sales of $65.8 million.


No, there is no god. While most retail crumbles into a fine powder, the least worthy agent in the denim market is still buoyed by the guys with the banker stripe shirts and square-toed alligators. Fuck.

1 comment:

Terencesambowrites said...

uh! u got my blog add wrong, terence is spelt with only one r. u shld use terencesambowrites.blogspot.com as the add but the title of my blog is -Mens fashion and Lifestyle Aficionado- thanx... l8r