For the nine month ended Oct. 27, the company posted a 7.4% increase in sales to $2.621 billion with comparable store sales up 1.8%.
‘We continue to be very pleased with our inventory management which once again has resulted in reduced comparative store inventories, faster inventory turns and reduced aged goods,” said Tom Kingsbury, ceo. “In addition, as we move into the all important fourth quarter we are excited about our liquidity and the level of fresh receipts that we are planning on delivering to our customers.”
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