Stride Rite Corp. has reported a 6.1 percent increase in...

Stride Rite Corp. has reported a 6.1 percent increase in net income to $11.9 million for the 2nd quarter, despite a drop in the gross margin to 38.5 percent from 39.5 percent in the year-ago period. Revenues grew by 7.0 percent to $165.0 million, with sales outside the USA up ...

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