"The focus is on Finish Line's running category and progress made to reposition inventory towards better resonating classifications," analysts said about the athletic retailer as it prepares to report its fourth quarter earnings this Friday.
Analysts believe that the health of running as a category remains strong, and Finish Line should capitalize on new innovations and full price sell through once the assortment is tailored toward more productive styles.
Another reason for optimism ahead is that cost control efforts should help to ease near-term margin pressures, analysts said.
"We continue to see strong potential for sales and profitability improvement at Macy's (M) - Get Report as the online biz rolls out and management refines product and selling tactics," Jefferies noted.
Analysts anticipate earnings of 87 cents per share for the fourth quarter of 2015, and fiscal year earnings of $2.05 per share for 2015.
Jefferies also expects total sales of $563 million in the athletic retailer's fourth quarter and $1.83 billion for the 2015 fiscal year.
Separately, TheStreet Ratings team rates FINISH LINE INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate FINISH LINE INC (FINL) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins."
You can view the full analysis from the report here: FINL Ratings Report