Bakers Footwear Group has posted lower revenues for the thirteen weeks ended April 28.

Net sales fell $44.3 million, a decrease of 5.7% from $47 million during the first quarter of 2011.

However, gross profit rose slightly to $12.6 million, or 28.4% of net sales compared with $12.3 million, or 26.1% of net sales, during the first quarter last year. Net loss was $1.1 million compared with $2.5 million.

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