Kenneth Cole Productions Inc. (New York) has jumped the gun on revealing its second quarter 2002 results, announcing a week early that the company expects to exceed prior estimates.
The designer and retailer of fashion apparel, footwear and accessories says revenues will be approximately $99 million and earnings at least 25 cents a share, compared with previous estimates of revenues between $95 and $98 million and earnings between 20 and 22 cents per share.
Chairman and ceo Kenneth Cole stated, “We are very pleased with the expected results of the second quarter and see this trend continuing into the third quarter.”
The results will officially be reported on Tuesday, July 30, 2002, by Cole, president Paul Blum and executive vp and cfo Stanley Mayer.