Hibbett Reports Fourth Quarter and Fiscal 2021 Results

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Hibbett Sports (HIBB) Tops Q4 EPS by 3c, Revenues Miss; Offers FY22 EPS Mid-Point Guidance Above Consensus

March 5, 2021 6:33 AM EST

Hibbett Sports (NASDAQ: HIBB) reported Q4 EPS of $1.40, $0.03 better than the analyst estimate of $1.37. Revenue for the quarter came in at $376.83 million versus the consensus estimate of $378.42 million.

Mike Longo, President and Chief Executive Officer, stated, The strong momentum that we experienced in our business in the second and third quarters continued in the fourth quarter. Our ongoing ability to deliver a compelling assortment of merchandise through superior customer service and a best-in-class omni-channel platform generated outstanding fourth quarter performance in both sales and profitability and provided a strong conclusion to a record-setting... More