The bottom line showed $5 million in red ink for the second quarter compared to income of $94 million last year as revenues were cut 10% to $1,864 million from $2,068 million prior, hit by continued macro pressure on lower income consumers, a soft start to Back to School, and the Nike reset. Blended comps came in at the low end of guidance, down 9.4%, as a -8.6% store comp was met with a 13.1% decline for digital. Excluding the impact of online banner East Bay’s shuttering last year, digital ... Log in to view full article.