Gymboree Profit Jumps 6% in 3Q
San Francisco Gymboree reported that its third-quarter sales climbed 6% amid the struggling economic environment.
The company reported net sales of $261.3 million for the 13 weeks ended Nov. 1, down 6% from sales of $247.6 million for the same period a year earlier. Same-store sales declined 2% for the quarter, compared to an 8% increase in same-store sales during the third quarter of 2007.