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Finish Line exploring alternatives for its specialty banner
It’s official: The Finish Line considering selling its specialty running store chain. The company announced that it is currently exploring strategic alternatives for its JackRabbit division (previously known as Running Specialty Group). The segment includes 70 specialty running stores in 17 states, such as Brooks, ASICS and Hoka One One. -
Home Depot beats Street in Q3
The Home Depot on Tuesday reported sales and earnings for its third quarter that exceeded forecasts. The world’s largest home improvement retailer posted a double-digit increase in earnings during the quarter, which it characterized as a balanced across-the-board period of growth. Net sales jumped 6.1% to $23.2 billion, compared to $21.8 billion in the same quarter last year. Comparable-store sales in the U.S. increased 5.9%.