Finish Line Helps Lift JD Sports to 49% Sales Hike in FY
Little Foot and a handful of pilot JD stores had EBITDA of $125.4 million on sales of $1,917.3 million for the 52 weeks ended Feb. 2, which included a 7% comp store gain in the core Finish Line stores excluding the Macy’s shops. In the 33 weeks it owned Finish Line for the FY, the U.S. operation delivered a £26.6 million ($34.8 mm) profit. The result was driven by strong growth online, which was up over 20%, but also improvement in the brick-and-mortar side, JD said in its annual report. That would suggest based on FINL’s last 10-K that online ... Log in to view full article.