Liz Claiborne Sees $11M-$17M EBITDA Loss
NEW YORK (TheStreet) -- Liz Claiborne (LIZ), a maker and seller of clothes, said it expects a loss of $11 million to $17 million in adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) in the first quarter.
The company, in a statement Monday, said direct-to-consumer comparable sales in February for its Juicy Couture brands fell 5%, while Lucky Brands sales rose 12% and kate spade sales rose 87%.
-- Written by Joseph Woelfel
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