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Finish Line records 20% leap in Q1 profit
Indianapolis -- Finish Line reported Thursday that earnings for the quarter ended May 28 rose 20% to $16.4 million, compared with $13.6 million in the year-ago period.
Revenue, despite a 6% rise to $299 million, missed Wall Street expectations of $301.4 million.
Same-store sales increased 6.1% for the quarter. -
Fresh & Easy makes San Francisco debut
SAN FRANCISCO — Fresh & Easy today opened its San Francisco store. San Francisco Mayor Ed Lee, U.S. Health and Human Services Regional Director Herb Schultz, executives from Fresh & Easy Neighborhood Market and dozens of neighborhood leaders were on hand to celebrate the event. The store, is located in the Outer Richmond District at 32nd Avenue & Clement Street.