Men's wear maker Haggar Corp yesterday said it expects third quarter earnings to be lower at 3-6 cents a share, compared with 15 cents a share a year ago.

The firm said gross margins were lower than anticipated due to retail pricing pressures, although third-quarter sales were higher than anticipated.

Haggar, which markets men's casual and dress apparel under the Haggar brand and the licensed brands Claiborne and DKNY, said sales for the quarter would be 1-3 per cent higher than a year ago when sales were $108.2 million.

For the fourth quarter, Haggar expects earnings of 30-36 cents per share, down from previous forecasts of 40-43 cents per share.