WRAPUP 1-Warnaco beats estimates; Liz Claiborne misses
* Liz Claiborne Q3 adj loss 43 cts; Street view 20 ct loss
* Warnaco Q3 adj EPS 80 cts tops Street view of 75 cts
* Liz sales fell 24 pct to $769.6 mln; missing Street view
* Warnaco sales fell 5 pct to $520.9 mln; above estimates
* Warnaco raises full-year outlook
* Liz shares down 3.3 pct
By Martinne Geller
NEW YORK, Nov 4 (Reuters) - Clothing maker Warnaco Group Inc (WRC.N: Quote, Profile, Research) posted higher-than-expected quarterly profit and raised its 2009 outlook, citing international expansion, while rival Liz Claiborne Inc (LIZ.N: Quote, Profile, Research) posted a deeper-than-expected net loss.
Yet Liz Claiborne, whose shares fell 3.3 percent in premarket trading, said its results showed some early signs of turning around underperforming businesses. Continued...
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