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Article: Strawbridge net gains 33.5% in third quarter.
- Article from:
- Daily News Record
- Article date:
- November 30, 1987
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Copyright informationCOPYRIGHT 1987 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Strawbridge Net Gains 33.5% in Third Quarter
Net earnings of Strawbridge & Clothier surged 33.5 percent in the third quarter and 39.8 percent in the nine months ended Oct. 31.
Third quarter earnings totaled $3,247,000, or 44 cents a share, up from $2,433,000, or 33 cents the year before. Sales moved up 9.2 percent to $182,990,000 from $167,587,000.
In the nine months the company ...
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