Hibbett Sports (HIBB) Reports Q1 EPS of $0.31

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Hibbett Reports First Quarter Results

May 26, 2020 6:30 AM EDT

GAAP Loss Per Share of ($0.92); Adjusted Diluted Earnings Per Share of $0.31 Same Store Sales Decline 19.5%; E-Commerce Sales Increase 110.5% Strong Balance Sheet Provides Ample Liquidity; Cash Flow Provided by Operations of $3.9 Million

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Hibbett Sports, Inc. (Nasdaq/GS: HIBB), an athletic-inspired fashion retailer, today provided financial results for its first quarter ended May 2, 2020, and business updates.

Mike Longo, President and Chief Executive Officer, stated, I am extremely proud of the Hibbett team. Through their hard work and dedication,... More