Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of sportswear and underwear designer Warnaco Group
So what: Warnaco's first-quarter earnings fell short of analyst expectations despite very strong sales. Costs ballooned to support Warnaco's Calvin Klein sales and to expand the company's retail-store network.
Now what: The stock is pretty much back where it was after the fourth-quarter report, which is to say, up by a market-beating 34% over the past year. Amid competition from Maidenform
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