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Finish Line presents Q2 earnings results
26 Sep '05
3 min read
Merchandise inventories on a consolidated basis (including Man Alive) were $280.0 million at August 27, 2005. Finish Line store merchandise inventories were $273.6 million compared to $241.4 million at August 28, 2004.
On a per square foot basis, Finish Line store merchandise inventories increased approximately 2 percent (two percent) compared to one year ago.
The Company operated 639 Finish Line stores at August 27, 2005, an increase of 13 percent over the 564 stores operated one year ago.
For the quarter, Finish Line opened 16 new stores, remodeled 7 existing stores and closed 2 stores with retail square footage increasing 11 percent to 3,605,000 at August 27, 2005 versus 3,247,000 at August 28, 2004. The Company did not open any Man Alive stores during the quarter and operates 38 stores totaling 107,000 square feet.
CONFERENCE CALL:
The Company is hosting a live conference call at 8:30 a.m. (ET) on Friday, September 23rd. Interested parties may participate in the call by calling 1-706-634-5566 (conference ID# is 9623911). Those interested in listening to the call on the web can do so at http://www.finishline.com under Investor Relations.
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.
On a per square foot basis, Finish Line store merchandise inventories increased approximately 2 percent (two percent) compared to one year ago.
The Company operated 639 Finish Line stores at August 27, 2005, an increase of 13 percent over the 564 stores operated one year ago.
For the quarter, Finish Line opened 16 new stores, remodeled 7 existing stores and closed 2 stores with retail square footage increasing 11 percent to 3,605,000 at August 27, 2005 versus 3,247,000 at August 28, 2004. The Company did not open any Man Alive stores during the quarter and operates 38 stores totaling 107,000 square feet.
CONFERENCE CALL:
The Company is hosting a live conference call at 8:30 a.m. (ET) on Friday, September 23rd. Interested parties may participate in the call by calling 1-706-634-5566 (conference ID# is 9623911). Those interested in listening to the call on the web can do so at http://www.finishline.com under Investor Relations.
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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