Denim manufacturer

Cone Mills

(COE) - Get Report

said its third-quarter and full-year 2002 earnings outlook is on track and in line with analyst expectations.

The company expects to earn between 8 cents and 10 cents a share for the third quarter, on par with analysts' expectations of 9 cents a share. For 2002, the company expects to earn between 20 cents and 25 cents a share, consistent with analysts' predictions of 24 cents a share.

Shares of the Greensboro, N.C.-based company closed at $2.31 Monday on the

New York Stock Exchange

.