Belk Inc. continued to expand its net income and sales in the second quarter, although at a slower pace than in the first three months of the year.
In the quarter ended July 28, the Charlotte, N.C.-based department store retailer’s net income expanded 9.6 percent to $27.4 million from $25 million. Sales were up 4.3 percent, to $867.9 million from $831.8 million, and grew 4.9 percent on a same-store basis. Cost of goods sold increased at the same rate as sales, leaving gross margin essentially unchanged at 33.3 percent of sales.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)