Athletic retailer Finish Line declares Q3 earnings

22 Dec '05

3 min read

Merchandise inventories on a consolidated basis (including Man Alive) were $311.5 million at November 26, 2005. Finish Line store merchandise inventories were $301.6 million compared to $263.7 million at November 27, 2004. On a per square foot basis, Finish Line store merchandise inventories increased 4.6 percent compared to one year ago and are on plan.

The Company operated 658 Finish Line stores at November 26, 2005, an increase of 11 percent over the 592 stores operated one year ago. For the quarter, Finish Line opened 20 new stores, remodeled 6 existing stores and closed one store with retail square footage increasing 9 percent to 3,707,000 at November 26, 2005 versus 3,389,000 at November 27, 2004.

The Company opened 11 new Man Alive stores during the third quarter and plans for two additional store openings in Q4. As of November 26, 2005, Man Alive operated 49 stores totaling 149,000 square feet.

CONFERENCE CALL:
The Company is hosting a live conference call at 8:30 a.m. (ET) on Thursday, December 22nd. Interested parties may participate in the call by calling 1-706-634-5566 (Conference ID# is 2970204). Those interested in listening to the call on the web can do so at http://www.finishline.com/.

The Finish Line Inc is one of the nation's leading athletic specialty retailers offering the best selection of footwear, apparel and accessories for men, women and kids.

Finish Line is publicly traded on the NASDAQ National Market under the symbol FINL and currently operates 639 Finish Line stores in 47 states and online. In addition, the Company also operates 38 Man Alive stores in nine states.

Finish Line Inc

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