Net income at DKS, which completed its acquisition ofGalyan’s on July 29, grew 16% to $17,909,000 from $15,467,000 for the periodended July 31. Total sales increased 18% to $416,135,000 from $353,521,000.Comparable store sales were 2.9% higher in Q2; gross margins improved 130 basispoints to 28.6%. With Galyan’s in the fold, Dick’s SG ended Q2 with 221 doorsand 12.7 million square feet of retail space.

Burnishing its reputation for consistency in meetinggoals, Dick’s said strong sales in men’s women’s and children’s apparel,footwear, baseball and licensed apparel were partially offset by weakness inin-line skates, street footwear and camping. It noted that its exercisebusiness ... Log in to view full article.