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 >To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: firstname.lastname@example.org.
Liz Claiborne (NYSE:LIZ) hit a new 52-week high Friday as it is currently trading at $13.46, above its previous 52-week high of $12.74 with 5.1 million shares traded as of 2:05 p.m. ET. Average volume has been 2.8 million shares over the past 30 days.