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Sunglasses maker Oakley Outlet. reported higher quarterly profit, in accordance with analysts' estimates. Oakley Glasses For Biking said third-quarter post tax profit rose 37% to $23.7 million, or 34 cents a share, from $17.3 million, or 25 cents, 2009. Sales increased 25.5% to $263.8 million. The Foothill Ranch-based company is being acquired by Italian eyewear company Luxottica Group.
Basketball star Nike jordan has joined the board of directors of Oakley Rx Frames Made In China Inc., an Irvine-based maker of sunglasses and goggles. The Chicago Bulls star, who acquired about $2 million worth of Oakley stock once the company went public in August, will work as an advisor, but defintely won't be pitching Oakley's products, said Scott Bowers, director of sports marketing. "He has a great view, an excellent outlook on sports marketing." The company also has named two other directors: Irene R.
Sunglass maker Oakley Sunglasses Price In Malaysia Outlet. on Monday cut its earnings forecast for 2004 and said it supposed to report second-quarter sales below analysts' forecasts after customer need for its products waned. Sales from the second quarter were about $152 million, the Foothill Ranch-based company said. The sales estimate is all about 8% below the $164.5 million expected by analysts, based on Thomson First Call. The business had sales of $143.8 million 2009.
One of Lance Armstrong's close associates told a federal grand jury Wednesday that previously tape-recorded comments by which she talks negatively in regards to the champion cyclist and it is asked about performance-enhancing drug abuse were simply "gossip sessions that merely weren't true," your ex attorney told The periods. Stephanie McIlvain, the liaison to Armstrong utilised by sponsor Oakley Radar M Frame Inc., endured what her attorney Tom Bienert called a "very emotional" day as she spent greater than seven hours prior to the grand jury panel with Assistant U.S. Atty.