St. John Knits Reports Profit of 70 Cents a Share for Quarter

St. John Knits International Inc., Irvine designer and manufacturer of women’s clothing and accessories, said net income for the third fiscal quarter totaled $5.7 million, or 70 cents a share, contrasted with a loss of $3.9 million, or 29 cents a share, for the same period last year. Sales for the quarter ended July 30 rose 19% to $83.4 million.