The athletic shoe retailer, The Finish Line Inc. announced yesterday that its fourth quarter same-store sales increased by 8 percent. In doing so, the company raised its fourth quarter earnings guidance, aided by continued strength in its major categories - men's, women's and children's footwear.

The company said it now anticipated diluted earnings per share for the fourth quarter in the range of 31 cents to 33 cents - up from previous guidance of 25 cents to 29 cents. For the current fiscal year net income is expected within a range of 69 cents to 71 cents a share. In the 13-week period ended March 2, The Finish Line reported net sales of $201.6 million, up 5 percent over net sales of $192.2 million a year ago.

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