Hibbett Reports Second Quarter Results

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Go back to Hibbett Reports Second Quarter Results

Hibbett Sports (HIBB) Tops Q2 EPS by $1.80, Revenues Beat, Comp. Sales Up 79.2%; Provides 2H21 EPS Outlook Range of $0.85/Sh-$1.00/Sh

August 28, 2020 6:35 AM EDT

(Updated - August 28, 2020 6:36 AM EDT)

Hibbett Sports (NASDAQ: HIBB) reported Q2 EPS of $2.95, $1.80 better than the analyst estimate of $1.15. Revenue for the quarter came in at $441.6 million versus the consensus estimate of $349.58 million.

Comparable Sales Increase 79.2%; YTD Comparable Sales Increase 22.2%
Brick and Mortar Comparable Sales Increase 65.2%
E-Commerce Sales Increase 212.2%
GAAP Net Income Per Diluted Share of $2.38
Adjusted Earnings Per Diluted Share of $2.95

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Hibbett Sports, Inc. (Nasdaq/GS: HIBB), an athletic-inspired fashion retailer, today provided financial results for its... More