About 70% of the items sold at the concept will be soft goods, while footwear will make up the rest. Finish Line executives are looking mainly at malls for the new chain's expansion, but they say they are also considering lifestyle centers and street-front locations.
The company's existing chain's had what CEO Alan Cohen referred to as a disappointing second quarter. During the period, which ended Aug. 27, year-over-year same-store sales fell 2%, compared to a 6% jump during last year's Q2.
Net income fell as well, by 8%, to $18.9 million, from $20.5 million last year. Net sales rose 9%, to $341.6 million.
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