FINISH LINE SALES GET BOOST FROM LICENSED BUT COMPS ARE DOWN.
Licensed as a percentage of FINL’s total apparel saleswill continue to increase for the remainder of the FY, according to management.In Q3, Finish Line achieved 18% improvement in apparel/accessory same storesales (25% in Sep., 14% in Oct. and 16% in Nov.).
Overall, Finish Line had a 1% comparable store salesdecline for the period ended Nov. 30 as footwear same store sales slid 6% andcontinued to be impacted by a promotional environment and lower average pricepoints. Women’s and kids’ footwear were flat; men’s had a high-single-digitdecline. Basketball was positive ... Log in to view full article.