Hibbett Sports (HIBB) Tops Q1 EPS by 1c, Offers Guidance

Hibbett Sports (NASDAQ: HIBB) reported Q1 EPS of $0.97, $0.01 better than the analyst estimate of $0.96. Revenue for the quarter came in at $275.7 million versus the consensus estimate of $276.68 million.

• Comparable Store Sales Decrease 4.9% in First Quarter

GUIDANCE:

Hibbett Sports sees FY2018 EPS of $2.35-$2.55, versus the consensus of $2.47.

• Comparable store sales in the range of negative 1.0% to positive 1.0%, which compares with previous guidance of an increase in the low single-digit range.

For earnings history and earnings-related data on Hibbett Sports (HIBB) click here.

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