The bottom line swung to a record $37,396,000 net income in the second quarter from a $30,717,000 loss last year, on 35% higher revenues of $675,531,000 up from $501,448,000. CAL was upbeat about the rest of the year, expecting Famous sales at or above 2019 levels, but the Brand Portfolio is still seen coming in about 20% below 2019. Back-to-School sales in Q3 so far are comping up high-double digits against last year’s tepid season, but supply chain issues will cause a $30 million hit to sales in the quarter. For the full year, adjusted earnings are guided for between ... Log in to view full article.