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What: Shares of fashionista The Jones Group
So What: Jones has been struggling in recent years under the weight of strapped customers and hefty goodwill writedowns. While the company appears to be getting its footing back to some extent -- sales were up 19% from the prior year -- rising costs dragged down margins across the board. Adjusting for one-time costs such as retail store closures and acquisitions, the company reported $0.54 in per-share earnings, well short of analysts' $0.62 expectation.
Now What: Just yesterday we watched shares of Coach
Interested in more info on Jones Group? Add it to your watchlist here by clicking here.
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Fool contributor Matt Koppenheffer does not own shares of any of the companies mentioned. You can check out what Matt is keeping an eye on by visiting his CAPS portfolio, or you can follow Matt on Twitter @KoppTheFool or on his RSS feed. The Fool's disclosure policy assures you no Wookiees were harmed in the making of this article.