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BEAM Inc. (NYSE: BEAM) shares increased 2.87 percent to close at $66.28 a share Thursday. The stock traded between $64.68 and $66.87 on volume of 1.89 million shares traded. The company reported net sales were $637.6 million for the second quarter of 2013, an increase of 7.0 percent when compared to a year ago. Shares of BEAM have gained approximately 8.5 percent year-to-date.
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Crocs, Inc. (NASDAQ: CROX) shares declined 5.57 percent to close at $13.23 a share Thursday. The stock traded between $12.96 and $13.59 on volume of 5.22 million shares traded. Sterne Agee has recently downgraded the company’s rating to “underperform” from “neutral”. Shares of Crocs have fallen approximately 8.0 percent year-to-date.
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Elizabeth Arden, Inc. (NASDAQ: RDEN) shares dropped 16.70 percent to close at $33.56 a share Thursday. The stock traded between $30.37 and $34.00 on volume of 3.42million shares traded. The company reported a loss of $5.0 million, or $0.17 per share, for the fiscal fourth quarter, compared to a net income of $3.6 million, or $0.12 per share, a year ago.
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Tumi Holdings Inc. (NYSE: TUMI) shares declined 11.64 percent to close at $22.48 a share Thursday. The stock traded between $21.54 and $23.05 on volume of 3.60 million shares traded. The company lowered its guidance for the full year 2013. Net sales now are expected to increase between 16% and 18%, down from their previous guidance of 18% and 20%. Shares of Tumi have gained approximately 8.0 percent year-to-date.
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