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Fifth and Pacific Companies Inc (NYSE:FNP): Current Price $14.16
Fifth and Pacific Companies Inc (NYSE:FNP) announced preliminary direct to consumer comparable sales for the fourth quarter 2012. The Kate Spade brand grew 27%, Lucky Brand 3% while Juicy Couture fell 2%. Full year 2012 EBITDA is expected in the range $100 million-$105 million, and comes within the low range of the previous guidance. Initial guidance for the full year 2013 places adjusted EBITDA in the range $120 million-$150 million.
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