Finish Line Swings to 2Q Loss

Indianapolis, The Finish Line Inc. on Thursday said it swung to a loss in its second quarter, hurt by charges from closing its 15 Paiva stores.

Loss for the quarter ended Sept. 1 totaled $1.8 million vs. profit of $9.9 million in the prior-year quarter. Revenue rose about 1% to $343 million, from $338.6 million last year.