Retail News: Martha Stewart Earnings Drop 53 Percent
April 23, 2002 11:02 AM ET

By Cyntia Barrera Diaz

NEW YORK (Reuters) - Media and merchandising company Martha Stewart Living Omnimedia Inc. on Tuesday reported a 53 percent drop in first-quarter earnings still hurt by the industrywide advertising slump and a revised deal with struggling retailer Kmart Corp.
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