Content about Finish Line, Inc.

September 28, 2012
Macy’s to open 450 in-store Finish Line shops

Macy's Inc. announced that Finish Line Inc. would be the department store retailer’s exclusive athletic footwear partner, opening in-store shops in more than 450 Macy’s stores nationwide.

Cincinnati -- Macy's Inc. announced on Friday that Finish Line Inc. would be the department store retailer’s exclusive athletic footwear partner, opening in-store shops in more than 450 Macy’s stores nationwide. The merchandise will also be available online at macys.com.

Under the agreement, Finish Line will be Macy’s exclusive partner for men’s, women’s and kids athletic footwear and Macy’s will be the exclusive host for Finish Line-branded in-store shops.

June 29, 2012
Finish Line Q1 profit falls on costs but still beats Street

The Finish Line Inc. said Friday its fiscal first-quarter profit fell 25% as higher costs offset sales growth.

New York -- The Finish Line Inc. said Friday its fiscal first-quarter profit fell 25% as higher costs offset sales growth.

For the quarter ended June 2, the company earned $12.3 million, just beating Wall Street expectations, down from $16.4 million in the year-ago period.

Sales rose 6.5% to $319 million, from $299.5 million. Same-store sales were up 8%.

The company's cost of sales rose 9.3% to $214.4 million. Selling, general and administrative expenses increased 11% to $84.8 million.

March 30, 2012
Gart Capital invests $10 million in Finish Line’s Running Specialty Group

The Finish Line announced that Gart Capital Partners will invest $10 million in Finish Line’s Running Specialty Group, with the goal of creating the largest operator of specialty running shoe business in the United States.

Indianapolis -- The Finish Line announced that Gart Capital Partners will invest $10 million in Finish Line’s Running Specialty Group, with the goal of creating the largest operator of specialty running shoe business in the United States.

December 22, 2011
Finish Line Q3 beats estimates

Finish Line Inc.'s third-quarter earnings rose 35% amid rising digital sales and higher demand for running and basketball gear. The chain has reported nine consecutive quarters of same-store sales growth, including a 7.7% jump in the latest period.

New York — Finish Line Inc.'s third-quarter earnings rose 35% amid rising digital sales and higher demand for running and basketball gear. The chain has reported nine consecutive quarters of same-store sales growth, including a 7.7% jump in the latest period.

For the quarter ended Nov. 26, the company posted a profit of $5.5 million, up from $4.1 million a year earlier. Revenue increased 8.1% to $282 million. Digital sales jumped 61%, following similar increases in the first two quarters of the year.

November 29, 2011
Finish Line chief administrative officer to retire

The Finish Line said that its chief administrative officer and corporate secretary Gary D. Cohen, will retire from the company effective March 29, 2012.

Indianapolis -- The Finish Line said Tuesday that its chief administrative officer and corporate secretary Gary D. Cohen, will retire from the company effective March 29, 2012.

Cohen will step down effective December 1, but will remain with the company during a transition period ending March 29, 2012.

Cohen, 59, has been with Finish Line since 1997, first serving as general counsel and later in his current role.
 

November 18, 2011
Finish Line appoints digital chief

The Finish Line announced that Chris Ladd will join the company Nov. 21 as executive VP, chief digital officer.

Indianapolis -- The Finish Line announced that Chris Ladd will join the company Nov. 21 as executive VP, chief digital officer. Ladd’s responsibilities will include providing vision, leadership and strategy to develop and implement initiatives across the enterprise including digital and mobile commerce, social media and other key components of the multichannel experience.

He comes to Finish Line from Lululemon, a 150-store specialty retailer of yoga-inspired athletic apparel, where he served as senior VP, Global Ecommerce.

September 1, 2011
Finish Line acquires 18-store specialty running chain

The Finish Line has invested $8.5 million to acquire an 18-store chain of specialty running shops with locations in Connecticut, District of Columbia, Florida, Maryland, Massachusetts, New Jersey, New York, and Texas.

Indianapolis -- The Finish Line has invested $8.5 million to acquire an 18-store chain of specialty running shops with locations in Connecticut, District of Columbia, Florida, Maryland, Massachusetts, New Jersey, New York, and Texas. The stores operate under banners such as Greater Boston Running Co., Texas Running Co., Georgetown Running Co., Princeton Running Company, New York Running Co. and others.

March 25, 2011
Finish Line Q4 profit up 12%

The Finish Line said Thursday that its fourth-quarter profit rose 12% with strong same-store sales.

Indianapolis -- The Finish Line said Thursday that its fourth-quarter profit rose 12% with strong same-store sales.

The company reported net income of $34.3 million in the quarter that ended Feb. 26, compared with $30.6 million a year earlier.

The Finish Line said that excluding a charge for writing down the value of stores.

Revenue rose 2.7% to $384.6 million. Same-store sales rose 4%.

The company said operating margins were 9% close to its goal of double-digit margins for the full year.

June 24, 2010
Finish Line profit up in Q1

The Finish Line said Thursday it recorded a profit in its fiscal first quarter as...

May 26, 2010
Finish Line chairman to retire

The Finish Line announced that Alan H. Cohen, the company's co-founder and chairman of the...

October 27, 2009
Finish Line elects NY&CO CEO as new director

The Finish Line said Wednesday its board of directors has named Richard P. Crystal as...

January 5, 2009
Finish Line Reports 3Q Loss

Finish Line reported a loss from continuing operations of $8.8 million for the third quarter...

October 2, 2008
Finish Line Names CEO

The Finish Line Inc. has appointed Glenn S. Lyon as the company's next CEO following...

September 25, 2008
Finish Line Reverses Loss in 2Q

Growing sales helped Finish Line report a profit for the second quarter. For the three...

August 27, 2008
Genesco 2Q Loss More Than Doubles

Genesco Inc. said Thursday its second-quarter loss more than doubled as results were hurt by...

May 5, 2008
Nike and Finish Line Collaborate on Concept Store

Nike and The Finish Line on Tuesday said they opened a concept store called Finish...

March 27, 2008
Charges Hurt Finish Line 4Q Results

The Finish Line Inc. on Thursday said it swung to a fiscal fourth-quarter loss, hurt...

March 2, 2008
Genesco, Finish Line Agree to Settlement

Genesco Inc. announced on Monday it has agreed to end a legal battle to compel...

January 3, 2008
Finish Line Reports Wider 3Q Loss

Indianapolis The Finish Line Inc. reported a third-quarter loss of nearly $16 million after being...

December 27, 2007
Judge Rules for Genesco

Nashville, Tenn. A judge ruled Thursday that Genesco Inc. executives did not commit fraud during...

December 18, 2007
Finish Line-Genesco Buyout Trial Ends

Nashville, Tenn. Genesco Inc. asked a judge Tuesday to force The Finish Line Inc. to...

December 9, 2007
Finish Line-Genesco Buyout Trial Begins

Nashville, Tenn. Opening arguments were heard Monday in the trial involving Genesco Inc.'s attempts to...

November 29, 2007
Finish Line Subpoenaed in Genesco Deal

New York City, ...

October 25, 2007
Genesco Turns Over Documents

Nashville, Tenn., Genesco...

October 8, 2007
Hearing in Genesco Buyout Delayed

Nashville, Tenn., The...