Finish Line Reports 30% Slide in Profit

Like retailers across the spectrum, from department stores to specialty shops, Finish Line has been grappling with dwindling store traffic, the rise of Amazon.com and shoppers' shift towards discount chains such as T.J. Maxx and fast-fashion retailers like H&M Hennes & Mauritz AB.

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Bibliographic Details
Published inDow Jones DBR High Yield
Main Author By Lisa Beilfuss
Format Trade Publication Article
LanguageEnglish
Published New York Dow Jones & Company Inc 26.06.2016
Subjects
Athletic shoes
Corporate profits
Earnings per share
Financial performance
Profits
Retail stores
Retailing industry
Stock prices
United States > US
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Summary:Like retailers across the spectrum, from department stores to specialty shops, Finish Line has been grappling with dwindling store traffic, the rise of Amazon.com and shoppers' shift towards discount chains such as T.J. Maxx and fast-fashion retailers like H&M Hennes & Mauritz AB.