Hibbett Reports First Quarter Results
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Hibbett Sports (HIBB) Tops Q1 EPS by $2.23, Revenues Beat; Offers FY22 EPS Guidance Above Consensus
May 28, 2021 6:32 AM EDTHibbett Sports (NASDAQ: HIBB) reported Q1 EPS of $5.00, $2.23 better than the analyst estimate of $2.77. Revenue for the quarter came in at $506.9 million versus the consensus estimate of $412.92 million.
Comparable Sales Increase 87.3% Versus Fiscal 2021Comparable Sales Increase 51.4% Versus Fiscal 2020Record Quarterly Earnings Per Diluted Share of $5.00Mike Longo, President and Chief Executive Officer, commented, Our Fiscal 2022 is off to an excellent start as our business continues to build on the strong momentum we experienced last year. Record quarterly sales and earnings were a result of our continued commitment to offering a... More
