Net income at the Japanese retailer dropped 59% to ¥589 million ($4.3 mm) from ¥1,431 million on shrinking margins despite net sales that grew 2% to ¥60,156 million ($437.9 mm) over ¥58,914 million for the fiscal year ended Aug. 31.

The licensed apparel and collectibles juggernaut has entered into a long-term agreement with the Collegiate Licensing Company (CLC) to sell licensed fan merchandise in international markets, beginning with 15 U.S. colleges with more to be added over time.

NICS FBI background checks declined again last month, falling 8% to 1,141,847 from 1,243,687, and are down 7% from 2022 levels.

Handgun imports fell 11% in May to 358,522 units, according to ITC data compiled by the NSSF, including a 15% drop in pistol imports to 319,629 units, while revolvers climbed 36% to 38,893 units.