Shaun Currie, CFA
Long/short equity, hedge fund analyst, momentum

The Finish Line: "Cheap For A Reason" Has Played Out - Update On Recent Quarterly Earnings

As you may know from reading my articles, I have been following The Finish Line (NASDAQ:FINL) for several years and wrote my original article, The Finish Line: A Stock That Could Run Up In The Near Future, because company-specific execution had weighted down the stock price. I noted in that article that if the company could show improved execution, we would see the multiple expand. This thesis played out on Friday morning on the company's recent quarterly earnings. I wanted to update the story on FINL to give investors a more up-to-date understanding of the story.

Our Biggest Question from Last Quarter Was Answered

In my last article on FINL, The Finish Line: Updating The Story

...
Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
WITH SEEKING ALPHA PRO, INVESTORS CAN ALSO:
  • Access Top Ideas, chosen by Seeking Alpha’s editors
  • Filter long and short ideas by market cap and sector
  • Get Coverage of over 5,000 stocks, many of which have little or no coverage elsewhere
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO." Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else." Patrick Rice, Mainstay Capital Management
100% Satisfaction Guaranteed
Money back guarantee. Seeking Alpha PRO members receive a no-questions-asked refund for membership on months paid and not used. Details