Frasers Group’s net profit was down 24% to £293.0 million (378.0 mm) for the fiscal year ended Apr. 27 from £386.6 million, as revenue dropped 7% to £4,925.6 million ($6,354.0 mm) from £5,317.0 million.

The footwear maker’s top line improved 3% to $444.0 million from $431.6 million in the second quarter, bouncing back from Q1 and ending the first half with a nearly 1% increase.

Sporting goods/hobby/book and music store adjusted sales grew by 1.6% in June to $7,990 million from $7,862 million the year before and were up 0.2 % sequentially, according to Commerce Dept. data.

The hunting, shooting, and fishing specialty retailer elevated Rob Zubak, who joined the company 35 years ago and was most recently serving as Turner’s COO, to president.

The ratings agency lowered its corporate family rating for Next Level parent, YS Garments, LLC, to Caa3 from Caa2 and also dropped its debt ratings by a notch, citing its revolver coming due Feb. and its term loan in Aug. next year.

The Finish Line parent is suing PA-based retailer J.D. Sport in IN district court, asking for a declaratory judgment of non-infringement, arguing that its marks do not infringe on the defendant’s mark.

The Big a is suing Edikted LLC in OR district court for selling items with two, three, and four stripes that it says infringe on its Three Stripe mark.

VIVI is recalling about 24,000 36-volt lithium-ion batteries used with its e-bikes because they can overheat, posing fire and burn hazards.