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Non-Tech : Candies (CAND) -- fast-growing footwear and apparel brand -- Ignore unavailable to you. Want to Upgrade?

To: Jason W who wrote (97)	6/13/2002 4:34:24 AM
From: Gone to Money Heaven	Read Replies (2) \| Respond to of 103

Jason, the turnaround in CAND has been well executed as you know. The Q1 Numbers were impressive. But I imagine shorter term holders are probably nervous to get a few profits booked, no wonder with the % gains over the past year in a bear market. Question: So what's the profile of the Investors who have been long CAND the past 15 months, In your opinion? GTMH. ------------ Wednesday June 5, 8:54 am Eastern Time Reuters Company News Candie's 1st quarter earnings nearly triple NEW YORK, June 5 (Reuters) - Apparel retailer Candie's Inc. (NasdaqNM:CAND - News) said on Wednesday its first quarter net income nearly tripled, as results were boosted by lower expenses and an income tax benefit. The company said net income for the first quarter ended April 30 was $1.1 million, or 5 cents per share, up from $393,000, or 2 cents per share, a year befor. Net sales rose 6.8 percent to $24.2 million from $22.7 million. Candie's said it expects to report earnings per share for the fiscal year in the range of 47 cents to 50 cents on revenues between $160 million and $170 million. The company also said it expects to earn between 18 cents per share and 22 cents per share in the second quarter, on net sales in the range of $50 million to $52 million. Candie's said it believes long-term targets for sales and earnings growth of about 20 percent are achievable. biz.yahoo.com