- Finish Line (NASDAQ:NASDAQ:FINL) reports comparable-store sales rose 4.5% in Q3.
- Gross profit rate -136 bps to 28.23%.
- SG&A expense rate +47 bps to 29.03%.
- Merchandise Inventory +10.58% Y/Y to $398.6M.
- Store count Y/Y: Finish Line -16 to 642; Branded shops +216 to 397; Running Specialty +19 to 66.
- FY2015 Guidance: Adjusted EPS: flat Y/Y; Comparable-store sales: a low to mid-single digits increase expected.