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Joe's Jeans Reports Sales Increase

by Bee-Shyuan Chang (Subscribe to Bee-Shyuan Chang's posts)
Posted Oct 19th 2009 at 1:07PM  
5 Comments
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Joe's Jeans ultra slim Chelsea in Port wash. Photo: JoesJeans.com

After reporting many a depressing recessionary bust, here's some uplifting economic news: Joe's Jeans reported a 16% increase in net sales for its third quarter.

The denim company also upped its gross profit to $10.4 million compared to $9 million for the same quarter last year.

Marc Crossman, President and CEO of Joe's Jeans, explained the results to stock holders, saying:

"These results translated into net income for the third quarter of fiscal 2009 of $1.9 million and earnings per share of $0.03. We had what we believe to be a very productive quarter which we will continue to build upon in the fourth quarter of 2009 and into 2010."

While Crossman's explanation will keep stockholders happy, we're relieved that one of our favorite denim brands isn't in danger.

Love denim but sick of the boyfriend jean? Maybe it's time to try the jeggings trend.
Read All Comments
Filed under: Fashion, News, Denim
Tags: denim, denim sales, DenimSales, fall jeans, jean sales, jeans, JeanSales, Joes, Joes Jeans, JoesJeans, sales increase
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READER COMMENTS

(2)Add A Comment

zhenglisheng09, 11-17-2009, 1:03PM

2 stars vote downvote upReport
zhenglisheng09

http://www.wowcool.org

boot.ugg.jacket.jeans.sweart. (UGG)
jordan air max oakland dunks $39;
Christan Audigier BIKINI JACKET $30;
gstar coogi evisu true jeans $35-39;
coach chanel gucci LV handbags $36;

http://www.wowcool.org

We do wholesale and retail! All are extremely CHEAP, please visit:

http://www.wowcool.org/productlist.asp?id=s3 (NBA Jersey)

http://www.wowcool.org/productlist.asp?id=s12 (JORDAN SHOES)

http://www.wowcool.org/productlist.asp?id=s70 (TSHIRTS)

http://www.wowcool.org/productlist.asp?id=s75 (JEANS)
DVDVDV
http://www.wowcool.org/productlist.asp?id=s29 (AIR MAX)

http://www.wowcool.org/productlist.asp?id=s69 (HANDBAGS)

http://www.wowcool.org/productlist.asp?id=s57 (sunglass)

Reply »

zhenglisheng09, 11-17-2009, 1:13PM

2 stars vote downvote upReport
zhenglisheng09

http://www.wowcool.org

boot.ugg.jacket.jeans.sweart. (UGG)
jordan air max oakland dunks $39;
Christan Audigier BIKINI JACKET $30;
gstar coogi evisu true jeans $35-39;
coach chanel gucci LV handbags $36;

http://www.wowcool.org

We do wholesale and retail! All are extremely CHEAP, please visit:

http://www.wowcool.org/productlist.asp?id=s3 (NBA Jersey)

http://www.wowcool.org/productlist.asp?id=s12 (JORDAN SHOES)

http://www.wowcool.org/productlist.asp?id=s70 (TSHIRTS)
SFSFSF
http://www.wowcool.org/productlist.asp?id=s75 (JEANS)

http://www.wowcool.org/productlist.asp?id=s29 (AIR MAX)

http://www.wowcool.org/productlist.asp?id=s69 (HANDBAGS)

http://www.wowcool.org/productlist.asp?id=s57 (sunglass)

Reply »

 
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