Belk Net Jumps 32 Percent in Second Quarter
August 27, 2010,
CHARLOTTE, N.C.-Second-quarter net income for Belk finished an impressive 32 percent ahead of the second-quarter profit from last year.
Tim Belk, Belk's chairman and chief executive officer, said the company's second-quarter gains owed to "customer response to fresh fashions ... We were pleased to see second-quarter sales trends maintaining at healthy margins."
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