Gymboree profit, comps dip in Q3

San Francisco -- The Gymboree Corp. reported Wednesday that net income for the quarter ended Oct. 27 fell 22.6% to $46.9 million from $60.6 million in the year-ago period.



Sales edged up 2.8% to $311.5 million, but same-store sales dipped 4% in the quarter.



During fiscal 2012, the company said it maintains its plans to open approximately 124 new stores, including 98 Crazy 8 stores.