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Profit Warning Leads to Falling Shares of New York-Based Clothing Maker.
Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News) Publication Date: 28-MAR-01 |
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COPYRIGHT 2001 Daily News
Byline: Nancy Dillon
Mar. 28--Shares of New York clothing maker Warnaco fell apart at the seams yesterday, one day after the largest maker of Calvin Klein jeans and underwear warned its operating losses would be "substantially greater" than previously estimated.
Warnaco shares unraveled as much as 65 percent before ending the day down $2.65 at $1.55,...
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