True Religion (TRLG) just announced their first quarter financial results for this year. Business Wire summarizes that True Religion:
1Q06 Revenues Increase 77% to $35.6 Million
1Q06 Diluted EPS Increase 65% to $0.28
Issues Sales and Earnings Guidance for 2Q06
Reiterates Comfort with FY06 Financial Estimates
AP is noting, "Analysts predicted a profit of 27 cents on sales of $35.4 million, according to a poll by Thomson Financial." Despite seemingly strong growth, TRLG offered Q2 guidance be below expectations.
At this time I direct you to Herb Greenberg's thoughts on True Religion's possible channel stuffing activities last year. Via MarketWatch.
Business Wire via Yahoo Finance
Business Wire via True Religion