 True Religion |
The company, which sells its namesake jeans for as much as $300 in specialty boutiques and upscale department stores, earned $15.8 million, or 63 cents a share, compared with $14.6 million, or 59 cents a share, last year.
Sales rose 19.5 percent to $110.9 million.
Analysts, on average, had expected the company to earn 61 cents a share, on revenue of $103.4 million, according to Thomson Reuters I/B/E/S.
For the full year, it expects to earn $1.80 a share on sales of $405 million, while analysts were expecting earnings of $2.02 a share on sales of $406.8 million.
Shares of the company closed at $21.06 on Thursday on Nasdaq.
(Reporting by Nivedita Bhattacharjee; Editing by Maju Samuel)