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Thursday, 11/29/2012 4:10:08 PM

Thursday, November 29, 2012 4:10:08 PM

Post# of 2094
"We continue to see evidence of our turnaround strategies taking hold with our third straight quarter of positive comparable store sales growth and a 260 basis point improvement in merchandise margins, on an adjusted basis," said Gary H. Schoenfeld, President and Chief Executive Officer. "After a slow start to the first few weeks of back-to-school, we performed well during the peak of the selling season which translated to our first positive sales comp in the third quarter since 2007 and a more than $10 million improvement in our pre-tax operating results."

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