INDIANAPOLIS--(BUSINESS WIRE)--Jul. 20, 2012--
The Finish Line, Inc. (NASDAQ: FINL) announced today that its board of
directors has declared a quarterly cash dividend of $0.06 per share of
outstanding Class A common stock. The quarterly cash dividend will be
payable September 17, 2012 to shareholders of record as of August 31,
In other board actions, the Board’s independent directors appointed
William P. Carmichael as Lead Director of the Board for the coming year.
Carmichael has been a Board member of the Company since 2003 and will
continue to serve as Chairman of the Audit Committee.
About The Finish Line, Inc.
The Finish Line, Inc. is a premium retailer of athletic shoes, apparel
and accessories. Headquartered in Indianapolis, the company has two
retail divisions – Finish Line, which operates 638 Finish Line brand
stores in malls across the United States, and the Running Specialty
Group, which operates 19 specialty running shops in seven states and the
District of Columbia under The Running Company banner.
Finish Line stores employ more than 11,000 sneakerologists who help
customers every day connect with their sport, their life and their
style. Online shopping is available at www.finishline.com
and mobile shopping is available at m.finishline.com. Follow Finish Line
on Twitter at Twitter.com/FinishLine and “like” Finish Line on Facebook
The Running Company stores carry a deep assortment of performance
running shoes, apparel and accessories. Their trained experts advise
everyone from beginners to advanced runners and provide free gait
analysis to ensure the proper fit for each customer. The Running Company
is tightly connected to its communities, hosting regular neighborhood
group runs and sponsoring local races. More information on The Running
Company can be found at www.therunningcompany.net.
This news release may contain certain statements that the company
believes are, or may be considered to be, “forward-looking” statements
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. These
forward-looking statements generally can be identified by use of
statements that include phrases such as “believe”, “future”, “intend”,
“plan”, “will”, “continue”, “create”, “potential”, “confidence”, or
other similar words, or statements that describe objectives, plans or
goals. All of these forward-looking statements are subject to risks and
uncertainties that could cause the company’s actual results to differ
materially from those contemplated by the relevant forward-looking
statement. There are several principal risk factors that could cause
actual performance and future actions to differ materially from the
forward-looking statements, as noted in previous releases. The
forward-looking statements included herein are made only as of the date
of this report and the company undertakes no obligation to publicly
update these forward-looking statements to reflect subsequent events or
Source: The Finish Line, Inc.
The Finish Line, Inc.
Megan Faulkner, Corporate
Wilhelm, Chief Financial Officer, 317-613-6914