Filed under: Earnings reports, Analyst upgrades and downgrades, Technical Analysis, Stocks to Buy

The Finish Line (NASDAQ: FINL) is a mall-based specialty retailer, offering athletic and casual footwear and sportswear through 699 Finish Line stores in 47 states. Featured brands include Nike, Puma, Jordan, Lacoste and Adidas. The firm also sells urban street wear through 94 Man Alive outlets in 19 states. Foot Locker (NYSE: FL) and The Sports Authority are major competitors.

The firm pleased investors late last month, when it reported fiscal Q1 EPS of two cents and revenues of $287.9 million. Analysts had been looking for a loss of five cents and $281.3 million. In discussing the positive quarter, the CEO cited successful application of strategic merchandising and inventory management programs. B. Riley subsequently upgraded the shares to “buy” and Sterne Agee reiterated its “buy” call.

Continue reading The Finish Line (FINL): Price cycles in bullish ‘flag’ pattern

Permalink | Email this | Comments

Via [bloggingstocks]

Share This

This entry was posted on Thursday, July 17th, 2008 at 4:13 am and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.