USA: G&K Services Posts Q3 Profit Jump
G&K Services Inc, which provides corporate clothing and services, on Tuesday posted a 23 per cent rise in third quarter earnings from the year-ago period. The Minneapolis-based company said net income climbed to $9.8 million, or 47 cents a share, compared to $8m, or 39 cents a share, in 2001, thanks to improved efficiencies in its operations and merchandise controls.