Finish Line Revenue

Finish Line revenue was $1.84 b in FY, 2018 which is a 0.3% year over year decrease from the previous period.

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Summary - Funding Rounds

Founding Date

1982
Finish Line is a subsidiary of JD Sports Fashion

Finish Line Revenue Breakdown

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Finish Line revenue breakdown by business segment: 6.4% from Softgoods and 93.6% from Footwear

Finish Line Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018

Revenue

1.8b1.8b1.8b

Revenue growth, %

(1%)3%0%

Cost of goods sold

1.2b1.3b1.3b

Gross profit

556.0m548.4m532.1m

Gross profit Margin, %

31%30%29%

General and administrative expense

469.8m480.9m486.5m

Operating expense total

513.5m494.2m523.2m

EBIT

42.5m54.2m8.9m

EBIT margin, %

2%3%0%

Pre tax profit

42.5m53.9m9.0m

Income tax expense

13.6m18.8m(5.7m)

Net Income

21.8m(18.2m)14.4m

Quarterly

USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

453.5m509.4m371.7m429.8m469.4m378.5m

Cost of goods sold

313.7m349.9m272.4m302.3m339.0m281.1m

Gross profit

139.8m159.5m99.4m127.4m130.3m97.4m

Gross profit Margin, %

31%31%27%30%28%26%

General and administrative expense

124.9m124.2m118.1m112.4m121.8m114.7m

Operating expense total

124.9m124.6m118.1m114.6m124.1m119.0m

EBIT

14.9m34.9m(18.8m)12.9m6.2m(21.6m)

EBIT margin, %

3%7%(5%)3%1%(6%)

Pre tax profit

14.9m34.9m(18.9m)12.9m6.2m(21.6m)

Income tax expense

5.3m12.8m(8.3m)4.9m2.9m(8.6m)

Net Income

9.6m22.1m(40.4m)8.1m2.8m(12.9m)

Finish Line Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018

Cash

79.5m90.9m93.4m

Accounts Receivable

18.2m20.5m16.5m

Current Assets

521.4m491.4m462.1m

PP&E

243.4m247.9m138.6m

Goodwill

44.0m

Total Assets

817.5m746.5m675.0m

Accounts Payable

157.7m166.6m122.6m

Current Liabilities

221.2m222.0m170.6m

Total Liabilities

289.9m295.0m224.0m

Additional Paid-in Capital

237.1m245.3m249.2m

Retained Earnings

639.3m604.1m600.4m

Total Equity

527.6m451.5m451.0m

Financial Leverage

1.5 x1.7 x1.5 x

Finish Line Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018

Net Income

21.8m(18.2m)14.4m

Depreciation and Amortization

43.9m49.4m52.9m

Accounts Receivable

(1.6m)(4.0m)3.9m

Accounts Payable

31.8m15.6m(40.4m)

Cash From Operating Activities

99.4m164.5m77.7m

Capital Expenditures

(66.1m)(74.8m)(38.2m)

Cash From Investing Activities

(74.4m)(84.2m)(52.0m)

Short-term Borrowings

(30.0m)(47.0m)(5.0m)

Dividends Paid

(16.4m)(16.7m)(18.0m)

Cash From Financing Activities

(95.1m)(69.0m)(23.3m)

Net Change in Cash

(70.1m)11.4m2.5m

Free Cash Flow

33.3m89.8m39.6m

Quarterly

USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

9.6m31.7m(8.7m)8.1m11.0m(1.9m)

Depreciation and Amortization

11.5m23.6m35.1m13.3m26.8m39.0m

Accounts Receivable

1.2m(2.1m)(7.0m)2.4m5.8m1.6m

Accounts Payable

(19.7m)25.6m31.8m3.6m(14.5m)32.5m

Cash From Operating Activities

46.2m119.3m57.2m9.2m65.3m45.4m

Capital Expenditures

(14.9m)(35.1m)(58.6m)(14.1m)(20.1m)(30.5m)

Cash From Investing Activities

(14.5m)(34.8m)(59.0m)(14.1m)(27.2m)(40.3m)

Short-term Borrowings

(30.0m)(30.0m)(5.0m)

Dividends Paid

(4.3m)(8.5m)(12.6m)(4.5m)(9.0m)(13.5m)

Cash From Financing Activities

(25.8m)(49.7m)(44.5m)(10.0m)(14.1m)(18.8m)

Net Change in Cash

5.9m34.8m(46.2m)(14.9m)24.1m(13.7m)

Free Cash Flow

31.3m84.2m(1.4m)(4.9m)45.2m14.9m

Finish Line Operating Metrics

FY, 2015FY, 2016FY, 2017FY, 2018Sep, 2019

Average Square Feet per Store

3.76 k3.82 k3.92 k3.92 k

Retail Space, sq. ft.

3.88 m3.75 m3.71 m3.65 m

Stores (US)

1.03 k983 947 930 900

Finish Line Employee Rating

3.71271 votes
Culture & Values
3.4
Work/Life Balance
3.5
Senior Management
3.1
Salary & Benefits
3.0
Career Opportunities
3.1
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