Sales fall at Finish Line

31/08/2006

US footwear retailer The Finish Line, Inc. has reported lower sales for the second quarter ended August 26. The company posted consolidated net sales of $338.6 million for the thirteen-week period, 0.9 % lower than the $341.6 million reported for the comparable period last year. However, the results were said to be in line with the company’s revised sales guidance.

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

The Finish Line, Inc. operates under the Finish Line, Man Alive and Paiva brand names and currently operates 672 Finish Line stores, 76 Man Alive stores and six Paiva stores.