Finish Line Announces Executive Leadership Transition
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Execution Issues Derailed Finish Line's (FINL) 3Q - Piper Jaffray Cut PT to $16
January 8, 2016 6:55 AM ESTPiper Jaffray maintained a Neutral rating on Finish Line (NASDAQ: FINL), and cut the price target to $16.00 (from $18.00), following the company's 3Q earnings report. Execution issues tied to the company's warehouse management system implementation derailed sales and earnings, significantly lowering the 2H outlook.
Analyst Erinn Murphy... More
Supply Chain Issues Hurt Finish Line's (FINL) 3Q - FBR Capital Remains Bullish
January 7, 2016 9:29 AM ESTFBR Capital reiterated an Outperform rating and $30.00 price target on Finish Line (NASDAQ: FINL) following the company's 3Q earnings report. FINL reported adjusted F3Q16 EPS of ($0.49), versus consensus of ($0.04). Comps decreased 5.8%, versus consensus of +1.5%. Supply chain issues had a ($0.42)/share impact on EPS and a $32M impact on sales in the quarter.... More
UPDATE: Finish Line (FINL) Raises Quarterly Dividend 11.1% to $0.10; Yields 2.2%
January 7, 2016 7:12 AM EST(Updated - January 7, 2016 7:13 AM EST)
Finish Line (NASDAQ: FINL) declared a quarterly dividend of $0.10 per share, or $0.4 annualized. This is an 11.1% increase from the prior dividend of $0.09.
The dividend will be payable on March 14, 2016, to stockholders of record on February 26, 2016, with... More
Finish Line (FINL) Misses Q3 EPS by 4c; Plans Store Closings; Boosts Qtr. Dividend
January 7, 2016 7:11 AM ESTFinish Line (NASDAQ: FINL) reported Q3 EPS of ($0.07), versus the analyst estimate of ($0.03). Revenue for the quarter came in at $382.1 million versus the consensus estimate of $408.86 million.
Finish Line comparable store sales decreased 5.8%
Store Profitability Improvement
The company also announced today that it will improve the profitability of its store fleet by closing up to 150 stores, or 25% of its... More
