Gymboree Climbs Out Of The Hole in Quarter

The Gymboree Corp. reported net income of $1.8 million for the third quarter, a jump over a net loss of $ 4.8 million for the same period last year.

The Burlingame, CA-based direct marketer and retailer reported net sales of $133.2 million for the period ended Nov. 3, a 9% gain over sales of $111.9 million for the same period last year.