date:May 29, 2013
ive officer, told analysts during a conference call to discuss financial results for the third quarter and nine months that ended April 27.
Net income for the quarter rose 8.9% to $31.6 million, while sales increased 12.8% to $1.6 billion. For the year-to-date net income increased 14.5% to $75.8 million, while sales climbed 13.6% to $4.4 billion.
Gross margin for the quarter was 16.8%, up 7 basis points from the second quarter but down 83 basis points from the year-ago quarter with the compan