The Finish Line (FINL) is a mall-based shoe company, operating the brands Finish Line and Man Alive. Footwear is its bread-n-butter. Shoes account for over 85% of sales, with key brands Nike (NKE), adidas, Reebok, And 1, K-Swiss, New Balance, Asics, Fila and Skechers. The company has over 675 Finish Line stores, averaging 5,400 square feet a piece.
FINL spiked over 3% at the end of last week thanks to "solid" earnings that got investors excited. The company earned $0.10 last quarter, down from the $0.24 in the same quarter last year. However, removing the start-up costs for its partnership with Macy's (M), and EPS was $0.20, beating consensus of $0.16....
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