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4-Traders Homepage  >  Equities  >  Nasdaq  >  Finish Line Inc    FINL

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Finish Line : Declares Quarterly Cash Dividend

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04/23/2018 | 12:30pm CEST

INDIANAPOLIS - Athletic retailer The Finish Line, Inc. (NASDAQ: FINL) announced today that its board of directors has declared a quarterly cash dividend of $0.115 per share of outstanding common stock. The quarterly cash dividend will be payable on June 4, 2018 to shareholders of record as of May 18, 2018.

About The Finish Line, Inc.

The Finish Line, Inc. is a premium retailer that carries the latest and greatest shoes, apparel and accessories. Headquartered in Indianapolis, Finish Line runs approximately 930 branded locations in U.S. malls and shops inside Macy's department stores. Finish Line employs approximately 13,000 associates who connect customers to sneaker culture through style and sport. Shop online at www.finishline.com or get access to everything on the Finish Line app. Also keep track of what's fresh by following Finish Line on Instagram, Snapchat and Twitter.

Forward-Looking Statements

This news release includes statements that are or may be considered 'forward-looking' within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements generally can be identified by the use of words or phrases such as 'believe,' 'expect,' 'future,' 'anticipate,' 'intend,' 'plan,' 'foresee,' 'may,' 'should,' 'will,' 'estimates,' 'outlook,' 'potential,' 'optimistic,' 'confidence,' 'continue,' 'evolve,' 'expand,' 'growth' or words and phrases of similar meaning. Statements that describe objectives, plans or goals also are forward-looking statements.

All of these forward-looking statements are subject to risks, management assumptions and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The principal risk factors that could cause actual performance and future actions to differ materially from the forward-looking statements include, but are not limited to, the company's reliance on a few key vendors for a majority of its merchandise purchases (including a significant portion from one key vendor); the availability and timely receipt of products; the ability to timely fulfill and ship products to customers; fluctuations in oil prices causing changes in gasoline and energy prices, resulting in changes in consumer spending as well as increases in utility, freight and product costs; product demand and market acceptance risks; deterioration of macroeconomic and business conditions; the inability to locate and obtain or retain acceptable lease terms for the company's stores; the effect of competitive products and pricing with other local, regional, and national retailers, as well as many of its own suppliers; loss of key employees; execution of strategic growth initiatives (including actual and potential mergers and acquisitions and other components of the company's capital allocation strategy); cybersecurity risks, including breach of customer data; the potential impact of legal or regulatory changes, including the potential impact of enacted tax reform legislation; a major failure of technology and information systems; and the other risks detailed in the company's Securities and Exchange Commission filings. Readers are urged to consider these factors carefully in evaluating the forward-looking statements. The forward-looking statements included herein are made only as of the date of this report and Finish Line undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

Source: The Finish Line, Inc.

The Finish Line, Inc.

Media Contact:

Dianna L. Boyce, 317-613-6577

Corporate Communications


Investor Contact:

Ed Wilhelm, 317-613-6914

Chief Financial Officer

(C) 2018 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
MACY'S 0.13% 30.5 Delayed Quote.18.94%
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Financials ($)
Sales 2019 1 797 M
EBIT 2019 41,4 M
Net income 2019 30,8 M
Finance 2019 104 M
Yield 2019 3,47%
P/E ratio 2019 18,59
P/E ratio 2020 16,34
EV / Sales 2019 0,25x
EV / Sales 2020 0,25x
Capitalization 546 M
Duration : Period :
Finish Line Inc Technical Analysis Chart | FINL | US3179231002 | 4-Traders
Technical analysis trends FINISH LINE INC
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 13
Average target price 12,9 $
Spread / Average Target -4,6%
EPS Revisions
Samuel Michael Sato President, Chief Executive Officer & Director
Glenn S. Lyon Non-Executive Chairman
Melissa Greenwell Chief Operating Officer & Executive Vice President
Edward W. Wilhelm CFO, Executive VP & Head-Investor Relations
A. J. Sutera EVP, Chief Information & Technology Officer
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