Finish Line comp continues to thrive

INDIANAPOLIS — The Finish Line reported that net sales for the first quarter increased 6% to $299.5 million in the first quarter compared with $282.4 million a year ago. Comparable-store sales increased 6.5% in the first quarter on top of an increase of 10.9% for the same period a year ago.

Finish Line reported first quarter income from continuing operations of $16.4 million, or 30 cents per diluted share, compared with income from continuing operations of $13.7 million, or 25 cents per diluted share, a year ago, representing a 20% earnings per share increase.

“Delivering growth on top of a strong performance a year ago was the story of the first quarter,” said Finish Line chairman and CEO Glenn Lyon. 

Finish Line operates 656 stores in malls across the United States.

Login or Register to post a comment.