The Finish Line Inc. (Indianapolis) reported net sales for its recently completed third quarter totaled $240.1 million, a 0.2 percent decline from a year earlier. The retailer of premium athletic footwear also reported that its comparable store net sales increased 1.7 percent in the third quarter, compared to a 3.3 percent comparable store net sales decline the prior year.
“We continue to display an ability to perform well and improve our business in what remains a cautious consumer environment,” said ceo Glenn Lyon. “In the third quarter, we effectively controlled expenses, managed inventories and improved store execution. We also continued to work productively with our vendor partners to stress innovation in product, consistent with our ongoing premium positioning.”
The Finish Line is a mall-based specialty retailer, with 681 stores in 47 states.