Finish Line posts a loss

02/07/2007

US athletic and sports-inspired footwear and apparel retailer The Finish Line, Inc. has posted a net loss of $3.9 million for the first quarter ended June 2, compared with net income of $4.4 million in the same period last year.

Consolidated net sales also decreased, falling 0.2% to $288.3 million from $289 million in the prior-year period, whilst comparable store net sales declined 3.9%.

The company currently operates 696 Finish Line stores in 47 US states, 93 Man Alive stores in 19 states and 15 Paiva stores in 10 states.