Insight Report 3 minutes Premium

Finish Line (FINL) 2Q17 Results: Sales Beat, EPS in Line with Consensus

Executive Summary

  • Finish Line reported adjusted 2Q17 EPS of $0.53, in line with the consensus estimate but down 7.0% year over year. Revenues were $509.4 million, up 5.4% year over year and above the consensus estimate of $494.8 million.
  • The company saw an acceleration of its footwear business compared to 1Q17, driven by a combination of an improving category assortment and better in-stock positions.
  • Finish Line’s full-year guidance remains unchanged from 1Q17. The company continues to expect comp growth of 3%–5% and diluted EPS of $1.50–$1.56.

This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.
If you wish to learn more about our subscription plans and become a paying subscriber, click here.