Athletic footwear and apparel retailer Finish Line has reported earnings of $20.8 million, or 85 cents a share, for the second quarter of the financial year, compared to earnings of $17.5m, or 73 cents a share, in the year-before period.

Sales increased 15 per cent to $312.2m, while same-store sales rose 6 per cent.

Chief executive Alan Cohen said: "We continue to improve operating profit, with gross profit margin increasing 100 basis points.

"Our sales performance has been strong for the first three weeks of September, and our inventory is well positioned for our third quarter."

The Finish Line operates more than 560 stores in 46 states.