Finish Line (FINL) Misses Q4 EPS by 21c, Comps Decline 4.5%

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Go back to Finish Line (FINL) Misses Q4 EPS by 21c, Comps Decline 4.5%

Finish Line Reports Fourth Quarter and Full Fiscal Year 2017 Results

March 24, 2017 7:12 AM EDT

INDIANAPOLIS--(BUSINESS WIRE)-- The Finish Line, Inc. (NASDAQ: FINL) today reported results for the fourth quarter and fiscal year 2017, representing the thirteen and fifty-two weeks ended February 25, 2017.

For the thirteen weeks ended February 25, 2017:

Consolidated net sales were $557.5 million, a decrease of 0.4% from the prior year period.

Finish Line comparable sales decreased 4.5%.

Finish Line Macys sales increased 35%.

On a GAAP basis, diluted earnings per share from continuing operations were $0.30.

Non-GAAP diluted earnings per share from continuing operations, which primarily excludes the impact from store impairment charges, were $0.50.

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