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New York-based Jones Apparel Group Inc. reported results for the first quarter ended April 3, 2010. Revenues for the first quarter of 2010 exceeded expectations and were $887 million, as compared with $891 million for the first quarter of 2009. Gross profit margin increased 390 basis points to 36.8 percent, reflecting continued careful inventory management.
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- Companies:
- Leed's
- Premium Connection
- Places:
- New York
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