Footwear producer The Stride Rite Corporation has reported record second quarter fiscal 2006 sales of $194 million, an increase of 22% compared with the same period in the prior year. Net income for the second quarter totalled $16.9 million compared with net income of $11.8 million in the second quarter of 2005. The second quarter financial results include the reversal of certain prior period reserves for income tax exposures that are no longer required.

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