Good morning. At this time, I would like to welcome everyone to the Finish Line Inc. third quarter earnings conference call. (Operator Instructions) At this time I would like introduce the host of today’s call, Finish Line Chief Financial Officer,
2012 Nike Free Run 2 Negro Rojo Blanco Mujeres Envío Libre Con Entrega Rápida Mr. Edward Wilhelm.

Good
Nike Free Run 2 azules amarillas Mujeres Con La Mejor Calidad morning everyone. With me in the call
2012 Nike Free Run 3 Pinke plata Mujeres Disfrute El Mayor Descuento today
Nike Free Run OG 2014 las mujeres negras de piel Anti- Venta Zapatos Baratos is our CEO, Glenn Lyon as well
2012 Nike Free Run 2.0 Gris Pinke Azul Mujeres Outlet Store Waiting For You as
Nike Free Run Powerlines Rainbow amarillas Hombres Outlet Tienda Online 2014 Steve Schneider, our President and Chief Operating Officer. Also sitting in for the question and answer
Nike Free Run 3.0 V4 Naranja Gris Mujeres Con Alta Calidad y Entrega Rápida portion of the call is Sam Sato, our Chief Merchandising Officer.

Before we get started, I need to remind you that this
Nike Free Run 2014 Gris Púrpura Mujeres Usted Encontrará Las Últimas Estilos call may be include forward looking statements that involve risks and uncertainties and therefore, actual results
2014 Nike Free Run Gimnasio Blanco Rojo Hombres Se Venden Con El Precio Bajo may differ materially from the statements expressed or implied.

Such risks and
Nike Free Run 2 2 uncertainties include, but are not limited to, product demand and market acceptance risks, the effect of
Nike Free Run 3.0 V3 2012 mujeres rojas Comercio Al Por Mayor Tienda Online economic condition, the effect of
Nike Free Run 3.0 V7 ​​Azul Negro Mujeres Con Precio Barato competitive products and pricing, the availability of products, management of growth and other risks detailed
Nike Free Run 2 Orange Yellow Mujeres Con Descuento Grande y El Envío Rápido in the company’s news release and SEC filings.

I will also note that with the closing of the Man Alive transaction, our discussion
2012 Nike Free Run 3 Gris Púrpura Mujeres A La Venta Con Precio De Descuento today will focus on
Nike Run Balanza gratuito 2014 Gris Rosa Mujeres Para Usted Al Mejor Precio the continuing operations of the core Finish Line business.

With that, I will turn it over
Nike Free Run 3.0 V5 Ext Todos Orange Mujeres Venta Hombres Running Zapatos to Glenn.

Thanks Edward and good morning everyone. In the third quarter our Finish
Nike Free Run 4.0 2012 Negro Rojo Mujeres Con Precio Barato Line team continued to run the business effectively and to improve performance within
2013 Nike Free Run Líneas Azul Hombres Se Han Convertido En Foco En El Mundo a continuing environment of inconsistent consumer behavior.

While the Federal Reserve noted in early December that the
2012 Nike Free Run 3.0 V2 Light Negro Azul Mujeres Liquidación Envío Rápido economy has picked up modestly and consumer spending has gained some steam, traffic
2012 Nike Free Run 3.0 Luz Gris Verde Naranja Mujeres Para Auténtico Barato in our stores remained
2013 Nike Free Run Powerlines 2012 Gris Azul Hombres Más De 60% De Descuento down in the
Nike Free Run 2 2012 Gris Amarillo Mujeres A Precio Más Bajo 55% De Descuento third quarter compared to
2012 Nike Free Run 3.0 V2 Blanco Gris mujeres rojas En Venta En Su Selección last year.

And while shoppers
Nike Free Run Powerlines Ii Negro Hombres Luna Con Más Bajo Precio Auténtico
2012 Nike Free Run 2 Azul Negro Mujeres Aquí Sería Su Mejor Opción turned out for events, like Black Friday,
Nike Free Run Powerlines Ii Green Men Con El Envío Libre El 70% De Descuento they did not show the kind
Nike Run Balanza gratuito 2014 Mujeres Gris Rosa Entrega Rápida a Su Puerta of sustained shopping behavior throughout the quarter that would signal a real change in mood. At Finish Line while we look
2012 Nike Free Run 3 Gris Verde Mujeres Para Barato Pero El Real forward to a consumer turnaround in the future we are not waiting for customers to come back to the mall to
2012 Nike Free Run 3.0 V3 Gris Negro Mujeres Nueva Colección Está Disponible move our business forward.

With the
Nike Free Run 3.0 V7 ​​púrpura Negro Mujeres Disfrute De Más Descuento continued foundation of a strong
2012 Nike Free Run 2.0 Gris Azul Blanco Mujeres Zapatos Corrientes De Venta balance sheet we are committed along with our vendor partners to finding paths towards profitable growth regardless of the consumer environment. Early on we responded to the economic downturn by
Nike Free Run Trainer 3.0 Negro Azul Hombres Cada Par De Zapatos Que Compra creating efficiencies
2012 Nike Free Run 3.0 Negro Azul Mujeres Para Baratos Pero Real Zapatos in
2012 Nike Free Run Tr Fit Gris Verde Hombres Entrega Rápida a Su Puerta our business
2014 Nike Free Run Gimnasio Blanco Rojo Hombres Tienda Outlet On Sale and driving disciplines
Nike Free Run 2 Negro Azul Mujeres Running Zapatos For Barato that we are keeping in place and building upon.

Our goal is
2012 Nike Free Run 3.0 púrpura Blanco Mujeres Venta Hogar Es Su Mejor Opción to grow sales profitably and drive shareholder returns. We’re working towards
2012 Nike Free Run 3.0 púrpura Blanco Mujeres Ayuda Para Alojarse En Estilo this goal in several
2012 Nike Free Run 2 Gris Rosa Mujeres Con Descuento 56% -78% ways. We have been focused on our
Nike Free Run 2 2 cost control efforts not simply cutting
2012 Nike Free Run 2.0 Gris Pinke Azul Mujeres Liquidación Envío Rápido
2012 Nike Free Run 2 Negro Rosa Mujeres Se Han Convertido En Foco En El Mundo costs just to cut them. Our SG
Nike Free Run 2 2 reductions have
2014 Nike Free Run Gimnasio Negro Blanco Hombres Disfrute El Mayor Descuento been strategic and effective.

We’ve put in place a real estate strategy
Nike Free Run Powerlines Ii Azul Verde Hombres Outlet Store Waiting For You focused on
Nike Run Balanza gratuito 2014 Plum mujeres rojas Outlet Tienda Online 2014 maintaining
Nike Free Run 3.0 V3 2012 mujeres negras Con Calidad Auténtico a portfolio of stores that
2014 Nike Free Run Gimnasio Negro Verde Hombres Zapatos Corrientes De Venta will provide the right return on investment, not only for us but for the
2012 Nike Free Run 3.0 V2 Light Negro Azul Mujeres Outlet Tienda Online 2014 landlords as
Nike Run Balanza gratuito 2014 Mujeres Verde Naranja En Venta En Su Selección well. We’ve improved the quality and the productivity of
2012 Nike Free Run 3.0 V2 Blue Moon Silver Mujeres Liquidación Envío Rápido our inventory
Nike Free Run 4.0 2012 Rojo Plata Mujeres Con Precio Barato across all categories
Nike Free Run 2 Orange Yellow Mujeres Outlet Store Clearance Sale Online 2014 of our business.

We have also
2014 Nike Free Run Gimnasio Negro Blanco Hombres Zapatos Corrientes De Venta placed a strong emphasis on product innovation. Working with our vendor partners we have continued to feature performance based footwear as
Nike Free Run 3.0 V7 ​​Vino Rojo Oscuro Blanco Mujeres Outlet Tienda Online Venta De Separación De 2014. Obtenga 80% De Descuento we
Nike Free Run 3.0 grises azules claros Mujeres Venta Hogar Es Su Mejor Opción see strong sell throughs of full price on these styles, even if they’re worn by
Nike Free Run 10o Aniversary Verde Gris Mujeres Venta Aquí Con Alta Calidad customers as everyday sport shoes.

Leadership in the running categories continues to
Nike Free Run Powerlines Ii Negro Hombres Luna Con Más Bajo Precio Auténtico be central to our business. Steve will talk more about this in a minute,
2012 Nike Free Run Tr Fit Naranja Hombres Disfrute De Más Descuento but I want to emphasize
Nike Free Run 2 Pinke Blanco Mujeres Página Oficial Con 100% De Alta Calidad that our strength in this category starts with a robust assortment
Nike Free Run 2 azules amarillas Mujeres A Precio Más Bajo 55% De Descuento of technical running shoes and continues with the offering of the newest styles, colors,
Nike Free Run Powerlines Ii Men Negro Verde Para Baratos Zapatos Auténticos and exciting Finish Line exclusives.

With support from our vendors such as
Nike Roshe Run 2014 mujeres rojas Ant-piel Con Precio Barato Nike, Puma, as well as others, we will continue to expand our leadership in this category. For example we’re working to
Nike Free Run 2 Orange Yellow Mujeres Con El Envío Libre El 70% De Descuento strengthen
Nike Free Run 3.0 V2 2012 Blanco Gris Mujeres Con Alta Calidad y Bajo Precio product knowledge among our store associates and continue to feature running
Nike Free Run 3.0 V5 Ext Todos Orange Mujeres Con Más Bajo Precio Auténtico through dramatic presentations in all
2012 Nike Free Run 3.0 V2 Negro Gris Moda 2015 Nueva Llegada Del Envío Libre of our stores.

In terms
2012 Nike Free Run 3.0 Piel Gris Blanco Mujeres Ahorre Tiempo y Dinero Ahora of other growth categories its worth noting the significant consumer response we are seeing in the toning category. This technology has generated excitement and has given customers a reason to come into our stores and buy.

Speaking of our stores, we continue to improve execution.
2012 Nike Free Run Tr Fit Azul Blanco Hombres Regalo Para Usted o Su Familia In the third quarter
Nike Free Run Powerlines Ii Green Men Más De 60% De Descuento our store associates delivered an improved performance. They helped
2012 Nike Free Run Tr Fit Naranja Hombres Con Calidad Superior drive better conversion rates, increased average transaction, and helped
Nike Free Run 3.0 V3 2012 mujeres rojas Excelente Calidad drive sales through our We’ve
Nike Free Run 3.0 V5 Ext Pink mujeres rojas Tenemos El Precio Bajo En Línea Got It program.

Through
Nike Free Run Powerlines Ii Negro Verde Hombres Comprar Con Seguridad this program if customers do not find the
2012 Nike Free Run 3.0 púrpura Blanco Mujeres Regalo Para Usted o Su Familia item they want in our stores, we order it and have it shipped directly to their homes or the store of their choice. Sales
Nike Free Run Powerlines Ii Gris Hombres A La Venta Con Precio De Descuento through this program are up 50% year to date. In addition to continuous improvement in execution at the store
2012 Nike Free Run Tr Fit Negro Azul Hombres Envío Libre Con Entrega Rápida level, we also recognize the importance of the internet in
2013 Nike Free Run Líneas Azul Hombres Comercio Al Por Mayor Tienda Online our shopping
2012 Nike Free Run 2 Blue Orange Mujeres Venta En Línea Con El Precio Barato culture.

Our core customer
Wmns Nike Free Run 3.0 V5 2014 Azul Mujeres Buena Calidad y El Envío Rápido is increasingly interested in and excited about procuring products through the internet. This business continues to grow as we remain focused on improving the quality of our interactions and communications with
Nike Free Run 2 azules amarillas Mujeres Venta En Línea Con El Precio Barato customers through
Nike Free Run 3 grises amarillentas Mujeres Ahorre Hasta Un 70% De Descuento this channel.

We believe we have
2014 Nike Free Run Gimnasio Negro Blanco Hombres Venta Con 70% De Descuento lots of runway for continued success in the internet as we deliver product to consumers when ever and where ever they want it. Finally The Finish Line remains committed to our premium position in the industry.

As I said last quarter premium at The Finish Line means maintaining the very accessible niche we have carved out in the customers’ mind as being the
Nike Free Run 3.0 V2 2012 Mujeres Blanco Gris Para Barato Pero El Real premier retailer for sneakers, where the word premium translates to a great selection of the newest trend right
2012 Nike Free Run 3 Azul Plata Mujeres Excelente Calidad styles from
2012 Nike Free Run 2.0 Gris Púrpura Mujeres Para Barato Zapatos Para Hombre the best
2014 Nike Free Run Gimnasio Negro fluoresceína Hombres Tienda Outlet On Sale brands.

With that, I’ll turn it back to Edward who
2012 Nike Free Run 3.0 V2 Blanco Gris mujeres rojas Venta Zapatos Auténticos will run through
Nike Free Run 2 Negro Azul Mujeres Sale Con La Variedad De Estilos y Colores the specifics of our
2012 Nike Free Run 3.0 V2 Rojo Gris Mujeres Ahorra Hasta Un 50% De Descuento third quarter performance.

Thanks Glenn, before I begin I want to remind everyone that all financial data discussed
Nike Run Balanza gratuito 2014 Mujeres Negro Rosa Venta Con 70% De Descuento today has been adjusted to represent the continuing
Nike Free Run 3.0 V5 Ext Bright Pink Mujeres Nueva Colección Está Disponible operations
2012 Nike Free Run 2 Gris Azul Rosa Mujeres Tenemos El Precio Bajo En Línea of Finish Line only. As reported in our news
Nike Free Run Powerlines Ii Green Men Running Zapatos For Cheap Pero El Real release last evening, comp store sales for Finish Line were positive 1.7% in Q3 compared to a 3.3% comp store sales decrease last
Nike Free Run 2 azules amarillas Mujeres A La Venta Con Precio De Descuento year.

When you factor in the decrease
2012 Nike Free Run 2.0 Gris Púrpura Mujeres Buena Calidad y El Envío Rápido in our
Nike Free Run Powerlines Ii Azul Rojo Hombres Venta Hombres Running Zapatos store base overall
Nike Free Run 2014 Negro Rosa Mujeres Se Han Convertido En Foco En El Mundo sales declined slightly by 0.2%. The
Nike Free Run 3 Gris Verde Púrpura Mujeres Ahorre Hasta Un 70% De Descuento comp sales increase was
Nike Free Run 3.0 mujeres azules Garden Fresh Produce Hasta 50% De Descuento driven by improved
Nike Run Balanza gratuito 2014 Mujeres Gris Rosa Venta Aquí Con Alta Calidad store metrics as conversion was up 1.6% and average ticket increased almost 4%.

These increases were partially offset by a mid single digit decline in traffic for the quarter. We
Nike Free Run OG 2014 mujeres rojas de piel Anti- Precio Barato Calidad Cozy expect that traffic will continue to be challenging for the remainder of the year. As Glenn indicated consumer behavior was inconsistent throughout the quarter reflected
2012 Nike Free Run 3 Gris Púrpura Mujeres 2015 Nueva Llegada Del Envío Libre in comp store sales trends.

By month, September was positive 5.4%, October was negative 4.4%, and November comps were a positive 2.5%. As
Nike Free Run 3.0 V2 2012 Blanco Gris Mujeres Es Una Buena Opción Para Usted you know
Nike Free Run Powerlines Ii Negro Hombres Luna Bueno Guality Y Media Precio we continue to remain cautious about the sales environment and our managing our business accordingly.

On a category basis, footwear comps were up 1% for the quarter with a monthly trend line that mirrored the total Finish Line experience; up 4.5% in September, down 6.9% in October, and up 3.7% in November.

For the quarter the soft
Nike Free Run 2014 gris rosa claro de la Mujer Venta Hombres Running Zapatos goods comp
Nike Free Run Powerlines Ii Negro Rojo Hombres Todo De Alta Calidad increased 5%. Year to date Finish Line comps were down 4.7% compared to
2012 Nike Free Run 3.0 V2 Blue Moon Silver Mujeres Aquí Sería Su Mejor Opción a comp increase of 1.4% last year. The comp decline was driven by footwear and soft goods, both
Nike Free Run Powerlines arco iris púrpura Hombres Tenemos Buena Reputación of which were down 4.7%.

Turning to operating results, the gross profit percentage
Nike Free Run Trainer 3.0 Negro Rojo Hombres Para Barato Zapatos Para Hombre of 29.5% for the
Nike Free Run 4.0 Anti-piel Negro Rosa Mujeres Outlet Store Waiting For You quarter was
Nike Free Run Powerlines Ii Green Men Página Oficial Con 100% De Alta Calidad up 250 basis points compared to last year. Product margin was up 200 basis points and occupancy was leveraged
Nike Free Run Trainer 3.0 Negro Rojo Hombres Con Alta Calidad y Bajo Precio by 50 basis points. The increase in product margin is related
Nike Free Run 3.0 V4 blancas púrpuras Mujeres Venta Hombres Running Zapatos to selling more full
2012 Nike Free Run 3 Azul Plata Mujeres Para Hombres Baratos Running Zapatos priced premium products and effective management
Nike Free Run 4.0 Mujeres Negro Rosa Anti-pieles Venta Aquí Con Alta Calidad of
2014 Nike Free Run Gimnasio Negro Azul Hombres Ayuda Para Alojarse En Estilo inventory levels to increase
2012 Nike Free Run Tr Fit Negro Azul Hombres Outlet Tienda Online 2014
2012 Nike Free Run 3 Gris Verde Mujeres Para Hombres Baratos Running Zapatos turns.

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