Belk profit up 31%
May 26, 2011,
Charlotte, N.C. - Regional department store Belk Inc.'s net income grew 31.3% during the first quarter to $31.9 million.
Sales rose 5.6% to $848.6 million, with comps up 5.7%. Top performing categories were shoes, children's and home, the company reported. Sales growth from ecommerce was "significant."
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