Improved margins and cost controls helped Belk overcome softer sales and a deliver a 14.6% boost in net income during the second quarter. The regional department store report $9.4 million in net income for the quarter ended Aug. 1 compared to a profit ofrn$8.2 million in the year-ago period.rnSales at the 307-until retailer fell 8.3% to $760.3 million, with comps off 9.4%. Belk cited lower sales volume and the shift of state sales tax holidays in some markets from July to August.
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