Net income was $170,729,000 versus $147,802,000 forthe six months ended March 31 as turnover grew 17% to $1,722,234,000 from$1,477,897,000. Gross margins declined 80 basis points to 23.4% on pressurefrom rising fuel and labor costs. Total pairage rose 6.9% to 96.6 millionpairs. Meanwhile, April-May turnover jumped 20% year-over-year to $669.7million.

H1 results by product category reflect a 15.7%increase in casual/outdoor shoe sales to $293.9 million; 10.7% growth inathletic shoes to $1,017.7 million; a 9.2% gain in sports sandals to ... Log in to view full article.