Earnings roundup: Phillips-Van Heusen posts jump in 3Q earnings, Petsmart profit up 6 percent
Among the earnings stories for Wednesday, Nov. 18, from AP Financial News:
NEW YORK (AP) — Clothing maker Phillips-Van Heusen Corp. posted a jump in third-quarter earnings, boosted by a $30.4 million tax benefit, and raised its full-year 2009 profit outlook citing factors including higher expected royalties.
COLUMBUS, Ohio (AP) — Cutting costs helped Limited Brands Inc. beat its own profit expectations for the third quarter, and the owner of Victoria's Secret and Bath and Body Works raised its full-year guidance.
PHOENIX (AP) — Petsmart Inc. said its profit rose 6 percent in the third quarter as consumers continued to spend money on their pets even amid high unemployment and economic uncertainty.
Copyright 2009 AP News
