Small Cap Movers

Finish Line posts Q1 profit, shares up in pre-market

Dianna Heitz | Jun 27, 2008 09:18am EDT | Comment
Rating: Unrated
The Finish Line, Inc. (Nasdaq:FINL) was up 10.8% in pre-market trading Friday after the company’s late Thursday report of profitable first-quarter earnings. The athletic apparel retailer reported a profit of $0.02 per share for the quarter ended in May versus a loss of $0.08 per share for the same quarter a year ago. The company said sales improved late in the quarter while inventory fell 8% compared with the same period in the prior year. Shares of Finish Line were at $7.75 before the bell Friday, up about $0.76 from Thursday’s close.

For detailed price information and recent news stories about The Finish Line, Inc., click FINL.

Dianna Heitz

About the Author
Reporter Dianna Heitz is based in SmallCapInvestor.com's Washington, DC bureau.