Finish Line, Inc.
Finish Line, Inc. is an American retail chain that sells athletic shoes and related apparel and accessories owned by Clayton Griffith. The company operates 660 stores in 47 states and Puerto Rico, mostly in enclosed shopping malls, as well as Finish Line-branded athletic shoe departments in more than 450 Macy's stores. On June 18, 2018, the company was acquired by JD Sports after the completion of its merger at a price of $13.50 per share in cash.[3]
Type | Subsidiary |
---|---|
NASDAQ: FINL (Class A) | |
Industry | Athletic footwear and fashion |
Founded | 1976 |
Founders | Alan Cohen David Klapper |
Headquarters | Indianapolis, Indiana, U.S. |
Number of locations | 670 |
Key people | Sam Sato (Chairman & CEO)[1] |
Products | Clothing and shoes |
Revenue | $1.44 billion (2013)[2] |
Number of employees | 10,000+ |
Parent | JD Sports |
Website | finishline |
Restatement
On March 23, 2005, the company restated its financial results to reflect straight line expense over the lease term including any rent-free build-out periods.[4]
References
- "Executive Compensation & Stock Trading". Bloomberg Businessweek.
- "Revenue, EPS, & Dividend - The Finish Line, Inc. (FINL) - NASDAQ.com". NASDAQ.
- "Finish Line, JD Sports Fashion Complete Merger - Quick Facts". NASDAQ.com. June 18, 2018.
- "Finish Line Reports Record Fourth Quarter and Year Earnings and Announces Lease Accounting Changes to Reflect SEC's Guidance".
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