News

Bakers Footwear reports significant improvement in Q3 first nine months

13/12/2005

US specialty retailer of footwear for young women Bakers Footwear Group, Inc. has reported positive results for the 13 and 39 weeks ended October 29, 2005.

For the third quarter, net sales increased 33.9% to $43.2 million from $32.3 million for the 13 weeks ended October 30, 2004. Comparable store sales increased 21% compared with a 7.6% decrease last year. Operating loss decreased to $1.7 million an operating loss of $4 million in the same period a year ago. Net loss was $1.05 million versus $2.6 million in the third quarter of 2004.

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