Net income was $8,376,000 against $7,150,000 for theperiod ended Oct. 28 as total sales grew 4% to $189,086,000 from $182,697,000.Comparable store sales were 2.9% higher in Q3 as comparable store sales ofwomen’s casual and dress styles increased 10% year-over-year. SCVL realized a50 basis point improvement in Q3 gross margins to 30.0%.
SCVL said its women’s dress and casual businesscontinued to perform well and was also getting a larger share of theopen-to-buy, in part because gross margins ... Log in to view full article.