Saying that it is seeing progress in improving profitability but admitting that there is still considerable work ahead of it on several fronts, Finish Line net income dipped 30% to $9,626,000 from $13,734,000 on a 2% gain in revenue to $453,515,000 from $443,394,000 for the 13 weeks ended May 31. The improvement reflected a 1.5% gain in the Finish Line comps and a 23% revenue gain in the Macy’s business to $73.1 million, partially offset by a 2% decline at Jack Rabbit to $23.5 million. Jack Rabbit had a low single digit comp gain driven by on-line sales, tempered by ... Log in to view full article.