Q4 same-store sales up 10% - Finish Line

26 Mar '10

5 min read

“I'm proud of the excellent work our team did to achieve improved results in virtually all facets of our business,” said Finish Line Chief Executive Officer Glenn Lyon. “We successfully executed our strategy to drive increased sales and margin improvement while strategically managing inventory and controlling costs. We're pleased that customers continue to respond to our premium positioning as well as our cross-channel strategy, which is always evolving to stay in-step with the lifestyles of our core customers. It is our view that shoppers will likely remain cautious, yet we are encouraged by our results and will stay on-strategy as we continue to focus on delivering value to our shareholders.”

March Sales Update
Comparable store net sales on a month-to-date basis for the period of February 28 through March 21 increased 15.5% compared to a 1.2% decline for the same period one year ago.

Q4/Full Year 2010 Conference Call Tomorrow, March 26
The company will host a conference call for investors Friday, March 26, 2010 at 8:30 a.m. Eastern. To participate in the conference call, dial (866) 923-8645, conference ID#61214460. To listen online, visit www.finishline.com. A replay of the conference call can be accessed approximately 30 minutes following the completion of the call at (706) 645-9291, conference ID#61214460. This recording will be made available through March 30. In addition, the replay will be available on the Web at www.finishline.com.

Q1 FY 2011 Release/Conference Call Date June 24/25
The company expects to report first quarter results June 24 after market close followed by a conference call June 25 at approximately 8:30 a.m. Eastern.

Annual Meeting Date July 22
The company's Board of Directors has established July 22 as the fiscal 2010 annual meeting date and May 21 as the record date for this meeting.

Finish Line Inc

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