Close

Brean Capital Reiterates Buy on Finish Line (FINL) Following 2Q Report

Go back to Brean Capital Reiterates Buy on Finish Line (FINL) Following 2Q Report

Finish Line Reports Second Quarter Fiscal Year 2017 Results

September 23, 2016 7:06 AM EDT

INDIANAPOLIS--(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