Jefferies Raises the Price Target on Finish Line (FINL) Following Managements Call to Action

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Finish Line Reports First Quarter Fiscal Year 2016 Results

June 26, 2015 6:53 AM EDT

INDIANAPOLIS--(BUSINESS WIRE)-- The Finish Line, Inc. (NASDAQ: FINL) today reported results for the thirteen weeks ended May 30, 2015.

For the thirteen weeks ended May 30, 2015:

Consolidated net sales were $443.4 million, an increase of 9.1% over the prior year period. Finish Line comparable store sales increased 5.5%. On a GAAP basis, diluted earnings per share increased to $0.30 from $0.25 in the prior year. Non-GAAP diluted earnings per share, which excludes the impact of impairment charges and store... More