Ladies' wear retailer Cache sales losses in the scrapped Lillie Rubin business drove down third-quarter profit by 38%.

Income was down to US$690,000 in the period compared to $1.1m a year ago.

Revenue increased to $59.9m from $57.3m in the same period last year. Same-store sales, meanwhile, edged up 1%.

Cache expects earnings to be between 47 cents and 49 cents per share in the fourth quarter and between 72 cents and 74 cents in the full year.