THE VIRGINIAN-PILOT Copyright (c) 1995, Landmark Communications, Inc. DATE: Thursday, March 23, 1995 TAG: 9503230548 SECTION: BUSINESS PAGE: D2 EDITION: FINAL TYPE: Digest SOURCE: (Staff) LENGTH: Short : 21 lines
S&K Famous Brands Inc., the Richmond-based menswear retailer, said its earnings dropped from $4 million to $2.6 million in the year ended Jan. 28. Sales rose 14 percent to $112.4 million in fiscal 1994 from $99 million in the previous year. Same-store revenues declined by 2 percent. Fourth-quarter earnings dropped 22 percent to $1.5 million from $1.9 million. Sales rose 6 percent to $35.8 million in the quarter from $33.6 million in the year-earlier period. by CNB