Gymboree's profit edges up in Q2, sales miss Street

San Francisco Gymboree Corp. reported Thursday that net income for the quarter ended July 31 was $12.3 million, compared with a profit of $12.2 million a year earlier.

However, same-store sales slipped 3%. Overall revenue was up 3% to $222.7 million. Wall Street expected revenue of $224.7 million.