Buckingham Research Downgrades Finish Line (FINL) to Neutral
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Finish Line Reports Second Quarter Fiscal Year 2017 Results
September 23, 2016 7:06 AM EDTINDIANAPOLIS--(BUSINESS WIRE)-- The Finish Line, Inc. (NASDAQ: FINL) today reported results for the thirteen weeks ended August 27, 2016.
For the thirteen weeks ended August 27, 2016:
Consolidated net sales were $509.4 million, an increase of 5.4% over the prior year period.
Finish Line comparable store sales increased 5.1%.
Diluted income per share was $0.53.
Following a solid start to the year, our comparable store sales accelerated during the second quarter, said Sam Sato, Chief Executive Officer of Finish Line. The combination of top-line growth and disciplined expense management allowed us to... More