True Religion Apparel forecast full year EPS in the range of $1.73 to $1.78

True Religion Apparel forecast full year EPS in the range of $1.73 to $1.78.
Chairman, chief executive officer and chief merchant Jeffrey Lubell said, In our International segment, our newly opened stores in Tokyo, London and Cologne were well received, and the retail sell-through of our products continues to be positive. This quarter's International results also reflect our decision to terminate some distributors as we accelerate our plans to take certain markets direct. Direct control of key markets is essential for us to effectively protect and grow our brand in the long term. Overall, we did not make the progress that we had expected to in the quarter. However, we continue to focus on executing our growth plans for our U.S. Consumer Direct and International business segments while investing in infrastructure and personnel to drive our future growth and profitability. I remain very confident in our business strategy and management team.