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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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03/05/15
Phoenix To Add Tire Barriers For Races

Phoenix Int'l Raceway, site of next weekend's national-series NASCAR races, yesterday announced that it "will install a 'tire pack barrier' along the interior wall of Turn 4 preceding the CampingWorld.com 500 Sprint Cup race March 15," according to Brant James of USA TODAY. The track said that ...

Tags: NASCAR, Facilities

03/05/15
Lightning Unveil Plans For Amalie Arena

Lightning Owner Jeff Vinik yesterday unveiled details on a $25M renovation of Amalie Arena "during the next two summers after Hillsborough County officials agreed to split the cost," according to the TAMPA BAY TIMES. The team said that it "plans to redo" the arena's club level, including an "ad ...

Tags: Facilities, Tampa Bay Lightning, NHL

03/05/15
Kings Plaza Sculpture Reaction Mixed

Social media, NBA Kings fans and the Sacramento art world have “buzzed with emotions ranging from disgust to joy" since the franchise, the city and local art officials announced they had picked a sculpture by artist Jeff Koons as the "centerpiece" for the public plaza of the team's new arena, ...

Tags: Facilities, Sacramento Kings

03/04/15
Chicago Mayor Rejects Cubs' Renovation Requests

Chicago Mayor Rahm Emanuel yesterday "rejected two requests from the Cubs -- one for non-stop construction seven days a week to speed up a bleacher reconstruction project delayed by frigid temperatures, and a revised request" to build from 6:00am-10:00pm CT Monday through Saturday, according to a ...

Tags: Facilities, Chicago Cubs, MLB

03/04/15
Facility Notes

In Columbus, Bob Hunter writes the length of time it took the Crew to strike a naming-rights deal for Mapfre Stadium "speaks to how big an occasion this is for the Crew, although it’s a little troubling that neither side would even hint at the price of Mapfre’s commitment." Continually ...

Tags: Facilities

03/04/15
Arizona State Alters Sun Devil Stadium Remodel

The newest rendering of renovations to Sun Devil Stadium, released yesterday by Arizona State Univ. athletics, is the "closest yet to what the completed project will look like" in fall '17, according to Jeff Metcalfe of the ARIZONA REPUBLIC. The "most obvious change" in the new renderings, from K.C. ...

Tags: Facilities, Pac 12

03/04/15
Real Salt Lake Reaches Deal For USL Stadium

Real Salt Lake Owner Dell Loy Hansen yesterday said that the team's USL affiliate, the Real Monarchs, have "signed a letter of intent to develop" a new soccer stadium in West Valley City, Utah, according to Jason Lee of the DESERET NEWS. Under terms of the proposed agreement, the Monarchs would "lea ...

Tags: Facilities

03/03/15
Crew Signs First Stadium Naming-Rights Deal

The Crew this morning announced the signing of Mapfre Insurance "as the first stadium naming-rights partner in team history," according to Adam Jardy of the COLUMBUS DISPATCH. The facility formerly known as Crew Stadium will now be called Mapfre Stadium. Crew Chair Anthony Precourt said, "This ...

Tags: Facilities, Columbus Crew, MLS

03/03/15
Chargers Fans Vocal At Stadium Forum

An estimated 400 people last night attended a forum hosted by San Diego Mayor Kevin Faulconer's stadium task force, as Chargers fans offered "everything from constructive advice to outside-the-box ideas to desperate pleas to find a solution," according to David Garrick of the SAN DIEGO UNION-TRIBUNE ...

Tags: Facilities, San Diego Chargers, NFL

03/03/15
St. Louis Unveils New Renderings For NFL Venue

The newest plans for an open-air riverfront NFL stadium in St. Louis "add a translucent lip girding the arena, giant televisions that rise with the stadium walls and greener, more geometric parking," according to a front-page piece by David Hunn of the ST. LOUIS POST-DISPATCH. Drawings released yest ...

Tags: Facilities, NFL, St. Louis Rams

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