Net income was $9,689,000 in the second quarter ended Aug. 4 against a loss of $596,000 last year, as sales jumped 13% to $157,406,000 from $138,810,000 including a 4.4% positive comp and $12.3 million from the calendar shift. Brick-and-mortar stores comped up 3.8% and e-commerce revenues were up 8.1% to 12% of total sales now that last year’s technical woes have been resolved. In Q2 last year, comps were +2.1%. Gross margin expanded 230 basis points to 31.8%, almost entirely from occupancy cost leverage due to the higher sales. SG&A improved 650 b.p., but 540 b.p. of that was due ... Log in to view full article.