Shoes and apparel retailer Finish Line Inc. (FINL) posted lower first-quarter net income attributable to the company of $12.28 million or $0.24 per share, compared with $16.42 million or $0.30 per share last year.
Consolidated net sales, inclusive of Finish Line and The Running Company, went up 6.5% to $319.05 million from $299.47 million in the prior-year quarter. Comparable-store sales rose 8.0% on top of a 6.5% increase for the same period a year ago.
On average, 12 analysts polled by Thomson Reuters expected earnings per share of $0.23 on $320.68 million revenues for the quarter. Analysts' estimates typically exclude one-time items.
Additionally, Finish Line has revised its full-year earnings per share view to increase between 6% - 7% over the $1.53 in fiscal 2012, excluding the $0.07 impact from the 53rd week, up from its earlier guidance of mid-single digit growth. This outloook assumes an annual comparable store sales rise of 5% - 6%. Thirteen analysts project earnings per share of $1.64 for the full year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.