Hallenstein Glasson lifts 1H profit 15 percent, sales lag as weather stays warm

Hallenstein Glasson lifts 1H profit 15 percent, sales lag as weather stays warm
By Paul McBeth March 27 (BusinessDesk) - Hallentein Glasson, which runs the clothing chains for which it's named, lifted first-half profit 15 percent to meet the bottom of its own forecast range, and has struggled to gain traction due to unseasonally warm weather. Net profit rose to $10.3 million, or 17.39 cents per share, in the six months ended Feb. 1, from $9.8 million, or 15.14 cents, a year earlier, the Auckland-based company said in a statement. That was at the bottom of its $10.3 million to $10.5 million guidance range, offered last m...