Citing ongoing weakness in high-end sneaker sales that are not expected to improve for the rest of the year, Big Foot reported net income of $51 million for the quarter ended Jul. 29, down 60% from $127 million, as sales declined 4% to $1,701 million from $1,780 million on a 6.0% comp store decline.

Comp store sales tumbled 11.7%, even worse than HIBB’s lowered guidance issued in July, as the small market retailer’s bottom line swung to a loss of $3,176,000 in Q2, against income of $6,510,000 last year, on 9% lower sales at $187,958,000 vs. $206,933,000.