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Benchmark is cutting Warnaco (WRC -0.1%) to Hold ahead of its Q4 report next week, saying it's...
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Friday, February 24, 2012, 2:35 PM ETBenchmark is cutting Warnaco (WRC -0.1%) to Hold ahead of its Q4 report next week, saying it's expecting inline numbers, but for guidance to fall short for a host of reasons, including headwinds from Olympic marketing, a highly promotional environment, FX headwinds and the company's exposure to southern Europe.
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