Payless ShoeSource posts Q1 sales results
Specialty family footwear company Payless ShoeSource, Inc. has reported that total sales for the thirteen weeks ended April 29, were $694.8 million, a 0.1% decrease from $695.2 million during the first quarter 2005. 
"We had a solid sales performance for the quarter," said Matthew Rubel, chief executive officer and president. "Importantly, full price selling picked up as we moved into spring, with a correspondingly favourable impact on gross margin."