St. John Knits International Inc.
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The Irvine designer and manufacturer of women’s clothing and accessories reported that net income for the fiscal fourth quarter more than doubled to $9.1 million, or $1.22 a share, from $4.5 million, or 53 cents a share, a year ago. Sales for the quarter ended Oct. 29 rose 19% to $91.3 million. For the year, net income totaled $23.8 million, or $3 a share, 62% higher than the $14.7 million, or 98 cents a share, for the prior year. Sales increased 14% to $336.5 million.
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