Net income at the Centauro and Nike Fisia parent was down 5% to BRL 128,333,000 ($24.4 mm) from BRL 135,296,000 for the fourth quarter on a 12% revenue increase to BRL 2,427,832,000 ($461.3 mm) from BRL 2,172,270,000.

The mass-market retailer said footwear sales were a drag in the fiscal fourth quarter ended Jan. 31, with sneakers and boots both underperforming, though dress and casual styles sold better.

Touting success so far from re-sourcing efforts and price hikes to mitigate the impact of increasing tariffs, VFC will continue to run its playbook as though the Supreme Court decision hadn’t come down, CEO Bracken Darrell said at Citi’s Global Consumer & Retail Conference.

Feb. sales at sporting goods, hobby, music, and book stores improved 6.53% year over year on an unadjusted basis, but inched down 0.02% seasonally adjusted, according to the CNBC/NRF Retail Monitor.

Yue Yuen’s footwear manufacturing revenue slipped 6% in Feb. to an implied $390,375,000 from $416,474,000 last year, while total revenues at the Chinese company grew 19% to $674,546,000 from $565,106,000 for the month.

20 Majors, an investment company tied to the Jack Nicklaus family, received court approval on Mar. 9 to acquire all of the brand’s assets free and clear, in a deal valued at $35.7 million.