Company Profile For Finish Line Inc

Finish Line Inc (FINL.O) (Nasdaq)

sector: Cyclical Consumer Goods & Services · industry: Retail - Apparel & Accessories ·

As of 25 Nov 2009

9.57USD

Price Change

+0.00

Percent Change

+0.00%

Analyst Recommendations

Overview

The Finish Line, Inc., together with its subsidiaries, is a mall-based specialty retailer in the United States. The Company operates under the Finish Line brand name. Finish Line is a mall-based specialty retailer of brand name athletic, lifestyle and outdoor footwear, and softgoods in the United States. As of April 17, 2009, the Company operated 687 Finish Line stores in 47 states. A Finish Line store generally carries a selection of men’s, women’s and children’s athletic and lifestyle shoes, as well as an assortment of softgoods. Brand names offered by Finish Line include Nike, adidas, Puma, New Balance, Asics, Converse, Lacoste, K-Swiss, Reebok, Under Armour and many others. Finish Line stores average 5,437 square feet. On June 22, 2009, the Company announced plans to exit the Man Alive business. On July 2009, it closed its transaction with Man Alive Acquisitions, LLC (MA).

Quick Financial Synopsis

BRIEF: For the twenty six weeks ended 29 August 2009, The Finish Line, Inc.'s revenues decreased 9% to $557.8M. Net income from continuing operations decreased 22% to $13.5M. Revenues reflect a decrease in sale of footware and decrease in sale softgoods. Net income also reflects decreased gross profit, increase in store closing costs and a decrease in interest income, net. The FinishLine, Inc. is one of the largest mall-based specialty retailers.