Friday, August 04, 2006

True Religion's Q2 Results

Highlights:

-- Operating income grows 44.0% to $9.8 million; Company records
31.9% operating margin

-- Net income of $4.9 million, after giving effect to a one-time
arbitration settlement expense totaling $1.9 million

-- Earnings per diluted share of $0.21, after giving effect to a
one-time settlement expense of $0.05 per diluted share

-- Company engages Goldman Sachs & Co. to explore strategic
alternatives

Go over to the Average Joe Investor blog to read his commentary on TRLG's announcement. He affirms that the company is in fact looking to take the private equity route. Evidence is the engagement of Goldman Sachs to "explore strategic alternatives."

True Religion Press Release

4 Comments:

Anonymous CHEAP JOES JEANS said...

I just found that...Now you can find out the scoop on True Religion Jeans founder at http://JeffreyLubell.com.
The domain name is being sold the money will be used to short the stock (TRLG) as the company pumps and dumps.

Also, seems that lots of Domains are up for sale for Blogs and web use such as http://TrueReligionJeansSuck.com and http://JeffreyLubellSucks.com

This one is going to be heard AROUND THE WORLD!!

8/05/2006 07:04:00 PM  
Anonymous Maria Palma (TheRunwayScoop.com) said...

I just discovered your blog via Julie blog (Almost Girl) and find it to be a great resource... I've been following True Religion myself and it'll be interesting to see what's in the future of this brand - and designer denim in general.

8/07/2006 10:55:00 PM  
Anonymous Anonymous said...

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2/15/2007 07:16:00 PM  
Anonymous Anonymous said...

Well we just found a site LUCKYSJEANS.COM check it out. It has the links to the real jeans companies and the pricing are dropping. Premium Jeans on sale discount prices on True Religion, Rock and Republic, Joes, Texas Jeans, Levis and more. USA Made
Jeans do cost more to make and the more Premium brands are made in US for the most part.

3/03/2007 09:38:00 PM  

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