Finish Line Falls 13% on Earnings Miss
September 26, 2014 at 12:00 PM EDT
Finish Line (FINL) tripped and fell hard today. The mall-based sneaker retailer suffered its biggest one-day plunge in more than two years when second-quarter sales were crushed by poor demand for basketball shoes. At 54 cents a share, second-quarter earnings missed the 60 cents a share forecast by analysts. Sales were $466.9 million in the [...]
