Jones Profit Declines 18%

Young, Vicki M.
October 2006
WWD: Women's Wear Daily;10/26/2006, Vol. 192 Issue 88, p3
Trade Publication
The article reports on the financial performance of the Jones Apparel Group. Jones posted a decline in third quarter due in part to the sale of Polo Jeans Co. as well as wholesale sales to Federated Department Stores. Earnings per share also declined by 13 cents. Pete Boneparth of Jones said that the company is pleased with the results and that the operating margin in their core wholesale business was up.


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