Hibbett Sports (HIBB) Reports In-Line Q2 EPS; Trims FY16 Outlook
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Hibbett Reports Second Quarter Fiscal 2016 Results
August 21, 2015 6:30 AM EDTEPS of $0.28 In Line With Recent Business Update Updates Fiscal 2016 Guidance
BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Hibbett Sports, Inc. (NASDAQ/GS: HIBB), a sporting goods retailer, today announced results for the second quarter ended August 1, 2015.
Second Quarter Results
Net sales for the 13-week period ended August 1, 2015, increased 2.8% to $199.3 million compared with $193.9 million for the 13-week period ended August 2, 2014. Comparable store sales decreased 1.1%.
Gross profit was 32.7% of net sales for the 13-week period ended August 1, 2015,... More
