Finish Line (FINL) Gains in Sea of Red Amid EPS

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Finish Line Reports First Quarter Fiscal Year 2017 Results

June 24, 2016 7:03 AM EDT

INDIANAPOLIS--(BUSINESS WIRE)-- The Finish Line, Inc. (NASDAQ: FINL) today reported results for the thirteen weeks ended May 28, 2016.

For the thirteen weeks ended May 28, 2016:

Consolidated net sales were $453.5 million, an increase of 2.3% over the prior year period. Finish Line comparable store sales increased 1.5%. Diluted earnings per share were $0.23.

We delivered first quarter results that were in-line with expectations despite the challenging retail environment, said Sam Sato, Chief Executive Officer of Finish Line. Importantly, weve made further... More