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Hibbett Sports (HIBB) Tops Q2 EPS by 2c; Tightens FY16 EPS Outlook

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Hibbett Reports Second Quarter Fiscal 2017 Results

August 19, 2016 6:30 AM EDT

EPS increases 4% to $0.29 Per Diluted Share Gross Margin Improves vs. Prior Year Company Updates Annual Guidance

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Hibbett Sports, Inc. (NASDAQ/GS: HIBB), an athletic specialty retailer, today announced results for the second quarter ended July 30, 2016.

Second Quarter Results

Net sales for the 13-week period ended July 30, 2016, increased 3.9% to $206.9 million compared with $199.3 million for the 13-week period ended August 1, 2015. Comparable store sales increased 0.8%.... More