Friday, May 7, 2010

HR Quaterly Round-Up: Elizabeth Arden, Steve Madden


Elizabeth Arden Overseas' Growth Narrows Loss (Reuters): Elizabeth Arden Inc posted a narrower-than-expected quarterly loss and raised its profit forecast on Thursday, helped by strong international growth and improved gross margins.

Steve Madden 1st-Qtr Profit Rises (Businessweek): Shoe maker Steve Madden Ltd. said its profit more than doubled in the first quarter as wholesale and retail sales improved. But the company offered full-year earnings guidance that fell short of expectations and shares slid $1.68, or 4 percent, to $38.32 in premarket trading.

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