NEW YORK — Costs grew faster than sales for The Finish Line Inc. in its second quarter, pressuring profits below year-ago levels but still above Wall Street forecasts.
For the three months ended Aug. 31, the Indianapolis-based athletic footwear and apparel retailer reported net income fell 10.1 percent to $9.1 million, or 37 cents a diluted share. That compares to last year’s profits of $10.1 million, or 41 cents. Analysts had expected earnings of 35 cents per share.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"