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Friday, September 26, 2014

Nike Dominates On Busy Day For Shoe-Related Stocks



Investor's Business Daily - Investing RSS http://ift.tt/1vbEZ5t A major athletic shoe-maker sprinted ahead Friday after quarterly results, while a shoe seller stumbled. Finish Line (FINL) gapped down and sank nearly 15% Friday after its fiscal Q2 earnings and sales missed. The athletic shoe retailer earned 54 cents a share, flat from last year and 6 cents below forecasts, while revenue rose 7% to $466.9 million vs. views for $478 million. The Indianapolis-based chain cited softness in its basketball segment.


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