The Columbus Dispatch--R.G. Barry Corp. reported a drop in sales and profit in its quarter that ended in December. The company attributed the weaker performance to short-term problems that have been corrected.

Investors responded by sending the company's share price down 9 percent.

The Pickerington-based slipper maker reported $49.7 million in sales in its fiscal second quarter, down from $55.6million a year earlier, and a profit of $4.3million, down from $8.2million. Read more!