Net income was down 41% to $2,946,000 from $4,960,000 for the second quarter ended Jul. 2 as sales rose 5% to $211,913,000 from $202,757,000. team sales rose were up 9% in the period to an indicated $109.6 million on strength in football equipment and reconditioning as well as improved bat sales as retailers re-stock to comply with new bat rules. Action sports sales fell 1% to an indicated $91.7 million, primarily due to a weak winter sports season in Europe and soft sales of cycling helmets in the mass channel.

Easton-Bell gross margin fell 50 b.p. to 33.5% from 34.0%, partially ... Log in to view full article.