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Axial Retailing: Sales rose but profits fell; full-year guidance expects lower earnings despite higher revenue
Net sales grew 2.1% year-over-year, but operating profit and net income declined, with comprehensive income down 15.4%. The full-year outlook projects modest sales growth but lower profits, and the equity-to-asset ratio improved to 67.1%.Original document: Axial Retailing, Inc. [8255] Interim repor…