USA: Q1 Sales Surge 16 Per Cent At Too
Leading retailer of fashions for young girls, Too Inc, on Monday posted a 16 per cent climb in first quarter sales to $158.6 million from the $136.7m recorded in the year-ago period. Too, which operates more than 470 stores in the US, said its net income for the 13 weeks ended May 4 was $5.8m, or 18 cents per share, compared with $3.8m, or 12 cents per share, in 2001.