Thursday, 25 August 2011

Rue21 2Q profit rises 20 percent, but stock slumps

WARRENDALE, Pa. -- Teen clothing chain Rue21 Inc. said Wednesday that its second-quarter profit climbed 20 percent, but its shares skidded in aftermarket trading on concerns about its summer sales. Rue21 said it could have used more items like sandals, shorts and dresses in July and it began August ...

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