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October 25, 2006
Jones' Q3 Profit Dips 18%
Jones Apparel Group’s third-quarter profit slipped 18% to $63 million, due partially to the sale of Polo Jeans. Revenue for the quarter ended Sept. 30 dropped 6.5% to $1.24 billion.
Jones seems to be having a challenging year as income over the 9 months ended in Sept. dropped nearly 43%.
Posted by Blacks on October 25, 2006 09:59 AM
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