I didn't know this stock until a friend mentioned. It reported earning this morning and had a great run so far. Here is the release.
http://www.lizclaiborneinc.com/web/guest/pressreleases Liz Claiborne, Inc., incorporated in January 1976, designs and markets a global portfolio of retail-based brands, including JUICY COUTURE, KATE SPADE, LUCKY BRAND and MEXX. It is apparently a financially stressed company and the trading on this stock is volatile.
Looks like investors (maybe I should say traders) like the narrowed lost. Based on the release you can see the adjusted loss is around -0.04 (Non-GAAP measure again) which is indeed much less than before.( see from the ER EPS graph). Even from the GAAP number you still can tell the profitability improvement (quarterly earning summary). The sales is picking up as well which shows the reversing downward trend. Investors certainly hope that continues. Well, considering the holiday season, they might get what they want on LIZ.
Quarterly earning summary
Financial ratio analysis (Margin looks good, efficiency is alright, but the liquidity and leverage ratios are still bad)
However, LIZ's equity keeps shrinking as it lost money for past two years. I would assume they will have higher borrowing cost which will negatively impact the profit. In order to dig deeper on the stock, some sort of monthly retail report might be worth the money.
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