Home / Knowledge / News / Apparel/Garments / Finish Line reports Q2 same store sales

Finish Line reports Q2 same store sales

05
Sep '06
The Finish Line Inc reported consolidated net sales of $338.6 million for the thirteen weeks ended August 26, 2006 ("2nd quarter" or "Q2"), a decrease of 0.9 percent versus consolidated net sales of $341.6 million for the thirteen weeks ended August 27, 2005.

These results were in line with the revised sales guidance given in the August 24th press release. Total Company comparable store net sales for Q2 decreased 6.6 percent.

By concept, Finish Line comparable store net sales decreased 6.6 percent and Man Alive comparable store sales decreased 4.8 percent compared to the same thirteen-week period last year.

During Q2 the Company repurchased 1,146,917 Class A Common Shares under the current share repurchase program, which expires December 31, 2007.

To date the Company has repurchased 2,584,617 shares (at a total cost of $35.5 million) of the five million shares authorized.

On a year-to-date basis, for the twenty-six weeks ended August 26, 2006, net sales were $627.7 million, a decrease of 0.8 percent versus net sales of $632.8 million reported for the twenty-six week period last year ended August 27, 2005.

Year-to-date comparable store net sales decreased 6.8 percent as compared to negative 0.3 percent comparable sales reported for the first half of last year.

The Company expects to report earnings for Q2 on Thursday, September 21st, after the market closes followed by a live conference call on Friday morning,September 22nd at 8:30 am ET.


Must ReadView All

Pic: Shutterstock

Textiles | On 15th Feb 2020

Morocco to revise FTA with Turkey

Turkey has agreed to review its free trade agreement with Morocco,...

Pic: Shutterstock

Textiles | On 15th Feb 2020

German, Italian investors interested in investing in Pak

German and Italian investors and manufacturers have evinced keen...

Pic: Nike

Apparel/Garments | On 15th Feb 2020

Nike employs distributors in Brazil, Argentina, Chile

Nike has entered into strategic distributor deals for its Nike Brand...

Interviews View All

Karin Ekberg, Leadership & Sustainability

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Top executives, Textile industry

Top executives
Textile industry

Knowledge sharing platform needed for sustainable water management

Deepak Jain, Baggout

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Valter De Carli,

Valter De Carli

Savio Macchine Tessili is at the head of a group that holds a know-how of...

Priyanka Gandhi,

Priyanka Gandhi

Established in 2016, Surat-based Shree Ganesh Yarns is a manufacturer of...

Anupam Arya,

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Lynda Kelly, Suominen Corporation

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll
Lenzing

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Urs Stalder, Sanitized AG

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Ritu Kumar, Label Ritu Kumar

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Sonam & Paras Modi, SVA

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


February 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search