NEW YORK — Loehmann’s Holdings Inc. nearly doubled its third-quarter profits on double-digit increases in net and same-store sales.

In the three months ended Nov. 2, net income skyrocketed 90.5 percent to $5.4 million, or 73 cents a diluted share, from $2.8 million, or 41 cents, in the comparable quarter last year. Sales rose 13.3 percent, to $94.7 million from $83.6 million, and were up 12.1 percent on a comparable-store basis.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus