Net income at the Journeys, Lids and Johnston & Murphy parent rose 20% to $50,396,000 from $42,153,000 for the 13 weeks ended Feb. 1 on 13% revenue growth to $892,630,000 against $792,506,000 as consolidated comps were up 10% overall, including a 16% increase for Journeys, 7% growth for the Lids Sports Group, a 3% uptick for Schuh and a 2% increase at Johnston & Murphy. EPS of $2.30 was up 6%, but some $0.27 a share below expectations. The shortfall overshadowed 25% growth in consolidated comps for the direct segment, which accounted for 10% of the period’s overall top line.
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