Finish Line

Finish Line founders giving up their extra voting powerRestricted Content

August 7, 2010
Greg Andrews
The influence of founders’ families in public companies usually wanes over time. But few firms accelerate the process, as Finish Line is doing.
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Slow economy bruises profits of Indiana's largest public companiesRestricted Content

June 19, 2010
Marc D. Allan
One-time events influenced bottom lines of some of the few companies that made more money in 2009.
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Finish Line co-founder retiring as chairman

May 27, 2010
 IBJ Staff
Alan Cohen will be succeeded by Glenn Lyon, who will retain his position as CEO.
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Resurgent Finish Line eyes plan for cash hoard

May 15, 2010
Cory Schouten
Finish Line Inc. is working to deploy the money it has built up through cost-cutting. The 684-store chain plans to reinvest in its core business, return cash to shareholders through higher dividends and share repurchases, and diversify its business.
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Finish Line reports big jump in sales, profit

March 25, 2010
Cory Schouten
Shares of athletic retail specialist The Finish Line Inc. were soaring in after-hours trading Thursday after the company reported strong fourth-quarter sales and a growing pile of cash on its pristine balance sheet.
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Finish Line forfeits incentive deal

January 20, 2010
Cory Schouten
Mall retailer The Finish Line Inc. has agreed to forfeit a potentially lucrative tax-abatement deal because it won't be able to meet a 2008 promise to create almost 200 jobs and invest $24 million at its Indianapolis headquarters.
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Cash-flush Finish Line likely to open new stores

December 23, 2009
Scott Olson
With an improved balance sheet and $150 million in its pocket, the athletic-gear retailer is looking at new locations and improving its online shopping hub.
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Finish Line profit exceeds analyst expectations

December 22, 2009
 IBJ Staff
The Finish Line Inc. barely eked into the black in its fiscal third quarter, but even that exceeded analysts’ expectations.
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Finish Line shares rise despite quarterly loss

September 25, 2009
Cory Schouten
Shares in locally based athletic retailer The Finish Line Inc. jumped Friday morning after the company reported a narrow loss for the second fiscal quarter, mostly because of the large cost of unloading its unsuccessful Man Alive stores in July.
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Finish Line suffers second quarter loss

September 24, 2009
Associated Press
Sporting goods retailer The Finish Line Inc. said on Thursday that it lost $874,000 in the second quarter, mostly because of a loss it took by unloading its unsuccessful Man Alive stores in July.
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Finish Line execs sell shares en masse in recent months

August 10, 2009
 IBJ Staff
Top executives at The Finish Line Inc. cashed in stock worth more than $10 million in recent months. They sold many of the shares in July as the locally based athletic retailer saw its stock rise to a high for 2009 of about $9.
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Finish Line extends 500 Festival relationship

July 29, 2009
Indianapolis-based Finish Line Inc. has signed a multi-year agreement to extend its title sponsorship of the 500 Festival's 5K race held each May, officials announced today.
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Finish Line ready to test new storeRestricted Content

February 16, 2009
Cory Schouten
Finish Line is rebranding its Man Alive stores as Decibel stores.
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Lyon takes Finish Line helm as shoppers cut spendingRestricted Content

February 2, 2009
Cory Schouten
Glenn S. Lyon, the new head at The Finish Line Inc., has plenty to tackle. Traffic is down at Finish Line stores, sales have slowed and competitors are slashing prices.
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Finish Line's buy praised, pannedRestricted Content

June 25, 2007
Cory Schouten
Athletic retailer The Finish Line Inc. had cultivated a reputation for conservative play calling, keeping clean books with minimal debt. Then on June 18, the Indianapolis-based retailer called a surprise audible. The $1.3 billion company agreed to acquire Nashville, Tenn.-based Genesco Inc. for $1.5 billion.
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  1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

  2. Shouldn't this be a museum

  3. I don't have a problem with higher taxes, since it is obvious that our city is not adequately funded. And Ballard doesn't want to admit it, but he has increased taxes indirectly by 1) selling assets and spending the money, 2) letting now private entities increase user fees which were previously capped, 3) by spending reserves, and 4) by heavy dependence on TIFs. At the end, these are all indirect tax increases since someone will eventually have to pay for them. It's mathematics. You put property tax caps ("tax cut"), but you don't cut expenditures (justifiably so), so you increase taxes indirectly.

  4. Marijuana is the safest natural drug grown. Addiction is never physical. Marijuana health benefits are far more reaching then synthesized drugs. Abbott, Lilly, and the thousands of others create poisons and label them as medication. There is no current manufactured drug on the market that does not pose immediate and long term threat to the human anatomy. Certainly the potency of marijuana has increased by hybrids and growing techniques. However, Alcohol has been proven to destroy more families, relationships, cause more deaths and injuries in addition to the damage done to the body. Many confrontations such as domestic violence and other crimes can be attributed to alcohol. The criminal activities and injustices that surround marijuana exists because it is illegal in much of the world. If legalized throughout the world you would see a dramatic decrease in such activities and a savings to many countries for legal prosecutions, incarceration etc in regards to marijuana. It indeed can create wealth for the government by collecting taxes, creating jobs, etc.... I personally do not partake. I do hope it is legalized throughout the world.

  5. Build the resevoir. If built this will provide jobs and a reason to visit Anderson. The city needs to do something to differentiate itself from other cities in the area. Kudos to people with vision that are backing this project.

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