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Belk 1Q earnings increase

By Mecklenburg Times staff reports
Published: May 26,2011

Belk said it had higher first-quarter net income than the same quarter a year ago. The Charlotte-based department store chain reported $31.9 million in earnings, up from $24.3 million in the first quarter of 2010. Belk said it had revenue in the recent first quarter of $848.6 million, up from $803.9 million in the year-ago [...]


Belk reports higher net income in fiscal 2011

By Mecklenburg Times staff reports
Published: March 31,2011

Belk has reported higher net income for the fiscal year that ended Jan. 29. The Charlotte-based department store company said net income increased 90.2 percent to $127.6 million, compared with $67.1 million the year before. Belk said the increase primarily came from higher sales and improved margins. Net sales for the year increased 5 percent [...]