Hibbett Sports (HIBB) Tops Q1 EPS by 16c, Raises FY EPS Guidance

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Hibbett Reports First Quarter Results

May 24, 2019 6:30 AM EDT

Comparable Sales Increase 5.1% in First Quarter First Quarter EPS Increased 32% to $1.48 Per Share, $1.61 Excluding Non-Recurring Costs Updates Fiscal 2020 Outlook

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Hibbett Sports, Inc. (NASDAQ/GS: HIBB), a leading athletic-inspired fashion retailer, today provided the following business updates:

First Quarter Results

Net sales for the 13-week period ended May 4, 2019, increased 25.0% to $343.3 million, including $59.4 million for City Gear, compared with $274.7 million for the 13-week period ended May 5, 2018. Comparable store sales... More