Finish Line (FINL) reported earnings on Fri 24 June 2016 (b/o)

** charts after earnings **

 Finish Line beats by $0.02, beats on revs; reaffirms FY17 EPS guidance :

• Reports Q1 (May) earnings of $0.23 per share, $0.02 better than the Capital IQ Consensus of $0.21; revenues rose 2.3% year/year to $453.5 mln vs the $448.92 mln Capital IQ Consensus.
• Comps +1.5% vs. ests above +2.5%.
• Co reaffirms guidance for FY17, EPS of $1.50-1.56 vs. $1.54 Capital IQ Consensus Estimate; comps +3.5%.
• "We delivered first quarter results that were in-line with expectations despite the challenging retail environment," said Sam Sato, Chief Executive Officer of Finish Line. "Importantly, we've made further progress toward optimizing our supply chain and improving execution throughout the enterprise."