STRIDE RITE net income fell 25...
STRIDE RITE net incomefell 25 per cent to $3,012,000 from $4,001,000 for the secondquarter ended May 31. Revenues declined 14 per cent to $124,185,000from $144,386,000. The company said a 15 per cent increase inKeds reorders during the period was unable to offset thebrand's lower Spring bookings. For the first half of 1996, Kedssales were down 21 per cent; Sperry Top-sider revenueswere even with ... Log in to view full article.