Stride Rite Corporation posted net income of $8,161,000 for the...

Stride Rite Corporation posted net income of $8,161,000 for the 1st quarter ended March 4, up from $7,484,000 in the year-ago period, as total sales rose by 11 percent to $150.6 million. Operating income was up 12 percent to $13.1 million. Gross margins progressed by 1.3 percentage points to 40.2 ...

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