Lizabeth Dunn
Lizabeth Dunn
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Sales decelerated in Europe and Asia, futures excluding currency were below expectations, and currency took a big bite out of futures.
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We expect Jones to report total revenue of $1.15 billion, a decline of 14.4 percent versus last year, and earnings of 47 cents per share. Management did not provide quarterly guidance, and this quarter will reflect a decline in revenue due to the sale of Polo Jeans Company.