Finish Line Reports Smaller 4th-quarter Loss

Same-store sales, or sales at stores open at least a year, are a key indicator of retailer performance since they measure growth at existing stores rather than newly opened ones.

The revenue results missed Wall Street's estimate of $369.5 million.

Finish Line earned $3.8 million, or 7 cents per share, for the full year. The results were well above the previous year, when the company posted a loss of $60.8 million, or $1.29 per share.

Adjusted income from continuing operations was $24.9 million, or 46 cents per share.

Annual sales dipped 2 percent to $1.26 billion from $1.28 billion as same-store sales edged down 0.4 percent.

Finish Line ran 688 of its namesake stores in 47 states and 85 Man Alive stores in 19 states as of Friday.