Strong sales performance at the retailer’s Meldisco unit coupled with strict expense control and lean inventories fueled the growth. Net income was $18.5 million versus $17.4 million for the period ended Jul. 3. Total revenues rose 4 per cent to $479 million from $462.5 million. At Footaction, Q2 operating profit fell 24 per cent to $6.1 million versus $8 million. Revenues at the athletic specialty unit rose 3 per cent to $149.8 million from $146 million but its same store sales were flat in the period. Meldisco’s ... Log in to view full article.