Net income rose 67% in the second quarter to $17,557,000 from $10,535,000, boosted by IEEPA tariff refunds, though sales slipped 1% to $730,631,000 from $739,762,000, with DSW retail sales down 2%.

Net income tumbled 67% to $6,259,000 from $19,225,000 for the second quarter on a 7% drop in sales to $284,309,000 from $306,388,000, with comps across banners down 7.1% in an increasingly competitive footwear marketplace.

Net loss expanded to $2,743,000 in Q2 from a loss of $1,002,000 last year, as revenues slipped 2% to $208,964,000 from $214,275,000 and comps were down 2.1% on lower traffic and continued softness in footwear.

Green arrows in wholesale, running and soccer are success stories for the Sport Offense strategy, CEO Elliott Hill told shareholders at the Eager Beavertons’ 2026 Annual Meeting, though turning the corner on the Chinese market, Converse, sportswear and Jordan Streetwear remain on the to-do list.

Yue Yuen’s footwear manufacturing revenue ticked down 1% in Aug., to an implied $470,799,000 from $476,135,000 last year, while total revenues at the Chinese footwear maker and retailer were 2% lower at $636,647,000 for the month.

The footwear and accessories brand won a consent judgment in DE district court against rival Mia Shoes and retailers Designer Brands (DSW), Stitch Fix, and Caleres (Famous Footwear) for infringing on Rothy’s design and trade dress.