>>
Home / Knowledge / News / Fashion / Finish Line presents Q2 earnings results

Finish Line presents Q2 earnings results

26
Sep '05
Alan H. Cohen, Chief Executive Officer of nation's leading athletic specialty retailers Finish Line Inc announced earnings for the second quarter representing the thirteen weeks ended August 27, 2005.

SECOND QUARTER RESULTS:
Net income for the thirteen weeks ended August 27, 2005 (the "second quarter" or "Q2") was $18.9 million ($.38 per diluted share) a decrease of 8 percent versus net income of $20.5 million ($.42 per diluted share) for the thirteen weeks last year ended August 28, 2004 ("Q2 LY"). Diluted weighted average shares outstanding were 49,854,000 for Q2 versus 49,226,000 shares outstanding for Q2 LY.

Net sales increased 9 percent (nine percent) to $341.6 million for Q2 compared to $312.2 million reported for Q2 LY. Comparable store net sales decreased 2 percent (negative two percent) for Q2 as compared to the 6 percent (six percent) increase reported for Q2 LY.

YEAR-TO-DATE RESULTS:
Net income for the twenty-six weeks ended August 27, 2005 ("YTD") was $31.6 million ($.63 per diluted share) an increase of 3 percent versus net income of $30.8 million ($.63 per diluted share) for the twenty-six weeks last year ended August 28, 2004 ("YTD LY"). Diluted weighted average shares outstanding were 49,878,000 for YTD versus 49,273,000 shares outstanding for YTD LY.

Net sales increased 11 percent (eleven percent) to $632.8 million for YTD compared to $570.1 million for YTD LY. Comparable store net sales were flat (zero percent) forYTD versus a 10 percent (ten percent) increase reported for YTD LY.


Must ReadView All

Pic: Shutterstock

Textiles | On 19th Jan 2022

Supply bottlenecks, high prices, omicron affect growth prospects: ECB

The global economy is on a recovery path, although persisting supply...

Pic: Shutterstock

Textiles | On 19th Jan 2022

Inflation peaks months earlier in Turkey than expected

Turkish finance minister Nureddin Nebati said inflation would peak in ...

Pic: Shutterstock

Textiles | On 18th Jan 2022

Singapore, Bangladesh agree to conclude FTA early

Bangladesh and Singapore have agreed to accelerate the process of...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Next level is to inject new features:

Textile Industry, Head honchos

Textile Industry
Head honchos

Consistency is the first rule of social media

Textile Industry, Head honchos

Textile Industry
Head honchos

Always best to produce under own supervision

Ritu Oberoi,

Ritu Oberoi

Established in 2018, Forsarees is a socially driven business enterprise,...

Raiyan Islam,

Raiyan Islam

Founded in 1981 by Sayeeful Islam, Concorde Garments Group is a market...

Shivaani Jain,

Shivaani Jain

Established in 2015, Once Upon A Trunk is a one-stop-shop with almost...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

Shujaul Rehman, Garware Technical Fibres

Shujaul Rehman
Garware Technical Fibres

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Jacques Prigneaux, EDANA

Jacques Prigneaux
EDANA

EDANA has been the leading global association and voice of the nonwovens...

Asmita Marwa, Asmita Marwa Design

Asmita Marwa
Asmita Marwa Design

Indian fashion designer Asmita Marwa has been rated by Vogue as one of the ...

Shalini Sharma & Shweta Pundir Sharma, Six Yard Story

Shalini Sharma & Shweta Pundir Sharma
Six Yard Story

Six Yard Story is a premium artisanal brand with a focus to bring handloom ...

Ritu Kumar, Label - Ritu Kumar

Ritu Kumar
Label - Ritu Kumar

<b>Ritu Kumar</b> is the most respected designerwear brand in India...

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

ESTEEMED CLIENTS

Restoque S.A.
Groz-Beckert East Asia LLP
John Varvatos
Gokaldas Exports Limited
Sainsbury's Argos Asia Limited
Grasim Industries Limited
OVS Hong Kong Sourcing Ltd.
J ;& P Coats
The LYCRA Company Singapore  Pte. Ltd
Splash
Under Armour Global Sourcing Ltd
Decathlon
Walmart
MAS Active / MAS Kreeda / MAS Bodyline
T.T. Limited
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Midas Clothing Limited
Lululemon Athletica Inc

January 2022

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


Advanced Search