Saucony, Inc., a supplier of performance athletic footwear, casual footwear, apparel, and accessories, has announced disappointing financial results for the quarter ended July 1, 2005.

Net sales for the second quarter decreased 8.8% to $40.1 million compared with $44.0 million in the second quarter of 2004. Net income fell by 44.4% to $1.7 million in the second quarter of 2005, compared with $3.0 million in the same period in 2004.

For the six months ended July 1, 2005, net sales decreased 9.9%, to $82.0 million, compared with $90.9 million in the comparable period of 2004. Net income for the six months ended July 1, 2005 decreased 32.9% to $4.9 million.