Seeking Alpha

Joe's Jeans (JOEZ) sinks 12.3% AH as the company misses on both the top and bottom line for Q2....

Joe's Jeans (JOEZ) sinks 12.3% AH as the company misses on both the top and bottom line for Q2. From the report: Gross margin falls 300 basis points on product mix and rising production costs for the Vintage Reserve line. Operating income falls to $2.1M from $3.1M in Q2 2012. Comps in the retail segment fall 6% due to tough compares. (PR)
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