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Finish Line Reports Dip In Q4 Earnings Despite Uptick In Revenue

Published in SportsBusiness Daily on 03 / 27 / 15

Finish Line reported a decline in Q4 earnings and "warned that profits in the current year may miss expectations," as the sports-apparel retailer has "struggled lately in a retail environment dogged by more promotions and lower mall traffic." The company's earnings fell 5% to $40.8M despite revenues...

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Costs Rising For Triple-A Sounds' Ballpark

The Triple-A PCL Nashville Sounds' new First Tennessee Park will cost the city's Metro Sports Authority $10M "more than originally expected because of unforeseen issues" with construction, according to Joey Garrison of the Nashville TENNESSEAN. The budget overage "will bump the construction costs" o ...

Tags: Facilities, MiLB

Bucks Owners Likely Won't Go Beyond Arena Pledge

The Bucks are indicating that co-Owners Wes Edens and Marc Lasry "will not go beyond" their $250M commitment for the team's proposed arena, according to Don Walker of the MILWAUKEE JOURNAL SENTINEL. A source said Edens and Lasry "do not intend to exceed" the amount they promised when they purch ...

Tags: Facilities, Milwaukee Bucks, NBA

ISC Adds RED Legacy To One Daytona Project

Daytona Int'l Speedway's One Daytona mixed-use development project "has a new partner" in K.C.-based property management firm RED Legacy, according to a front-page piece by Eileen Zaffiro-Kean of the Daytona Beach NEWS-JOURNAL. ISC, which owns the speedway, has selected the firm as its "lead devel ...

Tags: Facilities, Daytona International Speedway

LAFC Eyeing Sports Arena Site For New Stadium

MLS expansion club LAFC "is closer to picking a place for its new custom-built home," as the focus "now is firmly on the site of the Sports Arena, next to the Coliseum in Exposition Park," according to a source cited by Kevin Baxter of the L.A. TIMES. The source said, "I would be surprised if they a ...

Tags: Facilities, MLS

Delaware North Taking Over Qualcomm

The city of San Diego has selected Delaware North Sportservice to operate the food service at Qualcomm Stadium, according to sources. Sportservice, Petco Park’s food provider since it opened in '04, was awarded the contract after the city issued an RFP in early January. An official announcemen ...

Tags: Facilities, Delaware North Cos., San Diego Chargers, NFL

New Oilers Arena Will Connect To Downtown Hub

The Winter Garden, a part of the proposed development in Edmonton's downtown arena district, "will allow office workers and hockey fans to go for a night on the town without stepping into the cold," according to Kevin Maimann of the EDMONTON SUN. The 34,000-square-foot, climate controlled facil ...

Tags: Edmonton Oilers, NHL, Facilities

Roland Garros Renovations On Hold

The planned renovation of Roland Garros  was put "on hold after Paris city council allowed a new study of the land use" yesterday, according to Samuel Petrequin of the AP. Supported by local residents and environmentalists at the city council, a new project "offers an alternative to the contro ...

Tags: Facilities

Facility Notes

SPORTSNET.ca's Ben Nicholson-Smith reported the Blue Jays have considered "extensively retrofitting" Rogers Centre to "modernize the in-game experience." Blue Jays President & CEO Paul Beeston: "It really needs a major upgrade from the point of view of it’s 26 years old and it probabl ...

Tags: Facilities

Braves Partner With Comcast For Ballpark Project

The Braves "took a major step toward fleshing out their new stadium project Tuesday by announcing an agreement with Comcast to move the cable giant’s regional headquarters -- and about 1,000 jobs -- to an office building overlooking" SunTrust Park, according to a front-page piece by Klepal, Tr ...

Tags: Facilities, Atlanta Braves, MLB

AEG Could Sue Over Proposed NFL Stadium

AEG, owner of StubHub Center in Carson, Calif., has "warned Mayor Jim Dear in a letter that fast-tracking a 'deeply flawed'" proposal for an NFL stadium in the city "and avoiding an extensive environmental analysis 'is an open invitation to litigation,'" according to Nick Green of the Torrance DAILY ...

Tags: Facilities, NFL, AEG

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