Total operating income improvement of 18 per centto $46.8 million from $39.6 million offsets an operating profitdecline of 4 per cent to $8 million at Footaction. Footactionhad a 17 per cent rise in revenues to $146.0 million versus $124.3million. As previously reported, Footaction had a comp store salesincrease of 2.7 per cent in Q2. Overall, the Meldisco/Footactionparent had Q2 net income of $17.4 million on a 9 per cent revenueincrease to $462.6 million from $426.0 million.

As for Footaction specifically, the chain expectsto improve its 1997 operating margin of 8.8 per cent by 50 basispoints this year and hit the 10 ... Log in to view full article.