Earnings roundup: Phillips-Van Heusen, Petsmart

AP News
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Posted: Nov 18, 2009 5:22 PM

Among the earnings stories for Wednesday, Nov. 18, from AP Financial News:

NEW YORK (AP) _ Clothing maker Phillips-Van Heusen Corp. posted a jump in third-quarter earnings, boosted by a $30.4 million tax benefit, and raised its full-year 2009 profit outlook citing factors including higher expected royalties.

COLUMBUS, Ohio (AP) _ Cutting costs helped Limited Brands Inc. beat its own profit expectations for the third quarter, and the owner of Victoria's Secret and Bath and Body Works raised its full-year guidance.

PHOENIX (AP) _ Petsmart Inc. said its profit rose 6 percent in the third quarter as consumers continued to spend money on their pets even amid high unemployment and economic uncertainty.