Finish Line (FINL) Reports In-Line Q1 EPS, Offers Guidance

Finish Line (NASDAQ: FINL) reported Q1 EPS of $0.23, in-line with the analyst estimate of $0.23. Revenue for the quarter came in at $429.8 million versus the consensus estimate of $434.19 million.

• Finish Line comparable store sales decreased 1.1%

GUIDANCE:

Finish Line sees FY2018 EPS of $1.12-$1.23, versus the consensus of $1.14.

• For the 53 week fiscal year ending March 3, 2018, the company still expects Finish Line comparable store sales to increase in the low-single digits range and adjusted earnings per share to be between $1.12 and $1.23. For the second quarter ending August 26, 2017, we expect Finish Line comparable store sales to decrease in the low-single digits range.

For earnings history and earnings-related data on Finish Line (FINL) click here.

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