Net income was off 48% to $3,115,000 from $5,950,000 in the third quarter ended Sep. 30 on 2% lower revenues at $266,351,000 vs. $270,471,000 and negative 2.0% same store sales against a positive 1.7% comp last year. Comps started strong in Jul. benefitting from a calendar that gave it an extra Jul. 4 weekend day this year before turning downward in Aug. and Sep. Transactions in Q3 declined low-single digits, while average sale increased low-single digits. Apparel sales were a bright spot, increasing low-single digits, but footwear comped down mid-single digits, as positive casual athletic sales were not enough to ... Log in to view full article.