Maidenform Brands (NYSE:MFB) reported Q2 EPS of $0.67, ex-items, ahead of consensus estimates of $0.63 per share. Revenues for the quarter rose 13.8% year-over-year to $170.0 million, ahead of consensus estimates of $165.2 million.
The company sees Q3 EPS of $0.53 to $0.57, vs. consensus estimates of $0.57 per share, on revenues of about $162.9 to $167.3 million, vs. consensus estimates of $155.02 million.
Maurice S. Reznik, Chief Executive Officer stated, "We delivered another strong quarter of sales, market share and profit growth by leveraging the Maidenform brand and our innovative products across channels, product categories and geographies. The team continues to execute our long range organic growth strategies with solid success."
Maidenform Brands has a potential upside of 50.9% based on a current price of $22.36 and an average consensus analyst price target of $33.75.