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FINISH LINE INC /IN/

No Longer Reporting

The company has not filed an annual or quarterly report since its FY2018 10-K, filed May 11, 2018. Its latest SEC filing is a 15-12B from Jun 29, 2018.

The sections below describe the company as of the FY2018 annual report.

What Did They Do?

Sells athletic shoes, apparel and accessories to shoppers through its stores and digital channels, and operates athletic footwear shops in Macy’s stores and online.

How Did They Make Money?

Customers buy merchandise in Finish Line stores and online, including athletic footwear offered through Macy’s; sales are counted when customers receive the merchandise. Gift cards are counted when redeemed.

FY2018 revenue

Who Were Their Customers?

Shoppers buy through Finish Line stores, its website and mobile app; athletic footwear is also sold through Finish Line shops in Macy’s stores and on Macy’s website.

Did Revenues Turn Into Profits?

Yes. It kept 1 cent of every revenue dollar as net income in FY2018 and turned 2 cents into free cash flow.

Operating income, FY2018
0% of revenue
▼ −84% vs FY2017 ($54.2M, 3%)
Net income, FY2018
1% of revenue
▲ Now profitable vs FY2017 (−$18.2M, −1%)
Free cash flow, FY2018
2% of revenue
▼ −62% vs FY2017 ($104.1M, 6%)

How Were They Changing?

Since the FY2018 annual report
  • Jun 18, 2018 JD Sports completed its acquisition of Finish Line Finish Line became an indirect wholly owned subsidiary of JD Sports.

Grew. Revenue grew 10% in 4 years, from $1.7B in FY2014 to $1.8B in FY2018, about 2% a year.

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