Content about Finish Line, Inc.

September 27, 2013

The Finish Line posted increases in net income, net sales and same-store sales during the second quarter of fiscal 2013.

Indianapolis – The Finish Line posted increases in net income, net sales and same-store sales during the second quarter of fiscal 2013. Net income totaled $26.19 million, up 6.1% from about $24.44 million a year earlier.

Consolidated net sales were $436 million, up 13.3 % from $385 million in the same quarter the previous year. Same-store sales rose 0.9%.

September 28, 2012

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

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

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 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

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

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

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

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

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

May 26, 2010

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

October 27, 2009

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

January 5, 2009

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

October 2, 2008

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

September 25, 2008

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

August 27, 2008

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

May 5, 2008

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

March 27, 2008

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

March 2, 2008

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

January 3, 2008

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

December 27, 2007

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

December 18, 2007

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

December 9, 2007

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

November 29, 2007

New York City, ...

October 25, 2007

Nashville, Tenn., Genesco...