Fragrance maker Inter Parfums Inc posted an adjusted fourth-quarter profit that topped Wall Street expectations, helped by new product launches and higher sales at its European-based operations, and kept its 2010 forecast.
Teen clothing retailer Hot Topic Inc forecast a first-quarter loss that could be wider than market estimates, partly as it expects comparable store sales to continue to fall, sending its shares down 6 percent.
Men's Wearhouse Inc's fourth-quarter adjusted loss was narrower than estimates, but revenue fell short of market expectations as reduced store traffic and a lower domestic average ticket hurt sales, sending its shares down 6 percent.
Phillips-Van Heusen reiterated its fourth-quarter outlook as the owner of the Calvin Klein brand said it saw a strong end to the quarter driven by its outlet stores and royalties from the iconic brand.
Talbots Inc said that shareholder John Campbell has withdrawn his motion for a preliminary injunction to stop the retailer's proposed merger, but there was no assurance the parties would settle and discharge his claims.
Urban Outfitters Inc posted a fourth straight quarterly profit that topped market estimates as the clothing and home goods retailer's bohemian styles sold well during the holiday season, and lesser discounting propped up margins.