Finish Line (FINL) Tops Q4 EPS by 2c, Miss on Revenues

Note: EPS may not be comparable

Finish Line (NASDAQ: FINL) reported Q4 EPS of $0.59, $0.02 better than the analyst estimate of $0.57. Revenue for the quarter came in at $561.3 million versus the consensus estimate of $577.47 million.

For the 14-weeks ended March 3, 2018 compared to the 13-weeks ended February 25, 2017*:

• Consolidated net sales were $561.3 million, an increase of 0.7% over the prior year period.
• Finish Line’s sales decreased 0.9%.
  • Finish Line comparable sales decreased 7.9%.**
• Finish Line Macy’s sales increased 8.5%.
• On a GAAP basis, diluted earnings per share from continuing operations were $0.40.
• Non-GAAP diluted earnings per share from continuing operations, which primarily excludes the impact from impairment charges and store closing costs and the company’s revaluation of its deferred tax liability as a result of the Tax Cuts and Jobs Act, were $0.59.
• For earnings history and earnings-related data on Finish Line (FINL) click here.

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