NEW YORK — An insurance payment helped boost Syms Corp.’s third-quarter income by 77.2 percent, despite a slight dip in sales.
The Secaucus, N.J.-based off-price apparel retailer said income amounted to $753,000, or 5 cents a diluted share, for the three months ended Nov. 30. Results include $270,000 from an insurance recovery payment. Last year, Syms reported income of $425,000, or 3 cents.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"