Monness, Crespi, Hardt Upgrades Finish Line (FINL) to Buy

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Go back to Monness, Crespi, Hardt Upgrades Finish Line (FINL) to Buy

Finish Line Reports Fourth Quarter and Full Fiscal Year 2016 Results

March 24, 2016 7:04 AM EDT

INDIANAPOLIS--(BUSINESS WIRE)-- The Finish Line, Inc. (NASDAQ: FINL) today reported results for the fourth quarter and fiscal year 2016, representing the thirteen and fifty-two weeks ended February 27, 2016.

For the thirteen weeks ended February 27, 2016:

Consolidated net sales were $580.3 million, an increase of 5.2% over the prior year period. Finish Line comparable store sales increased 4.6%. On a GAAP basis, diluted earnings per share were $0.09. Non-GAAP diluted earnings per share, which primarily excludes the impact from the write-off of technology assets and store... More