The Finish Line, Inc. saw net sales decrease 0.8% to $289.0 million for the first quarter from $291.3 million for the same period last year. Total company comparable store net sales for Q1 decreased 7.2%. By concept, Finish Line comparable store net sales decreased 7.3% and Man Alive comparable store sales increased 0.6% compared to the same thirteen-week period last year.

During Q1 the company repurchased 113,100 Class A Common Shares under the current share repurchase program, which expires December 31, 2007. To date the company has repurchased 1,437,700 shares (at a total cost of $21,285,000) of the five million shares authorized.