Bakers increases quarterly profit
30/03/2010
Saint Louis-based shoe retailer Bakers Footwear Group posted a more than 11-fold jump in quarterly profit for the fourth quarter of its most recent business year after it reduced income.For the fourth quarter ended January 30, it earned $5.6 million compared to $483,000.Revenue rose nearly 4% to $57.6 million.Cost of goods fell 4% to $36.6...