Hibbett Reports First Quarter Results

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Go back to Hibbett Reports First Quarter Results

BofA Securities Double Downgrades Hibbett Sports (HIBB) to Underperform on 'significant slowdown'

May 30, 2023 6:55 AM EDT

Friday afternoon, BofA Securities analyst Alexander Perry downgraded Hibbett Sports (NASDAQ: HIBB) from Buy to Underperform with a price target of $35.00 (from $85.00), citing a "significant slowdown".

The analyst commented, "We are downgrading HIBB to Underperform (from Buy) and lowering... More

Hibbett Sports (HIBB) Misses Q1 EPS by 44c; Lowers Outlook

May 26, 2023 6:33 AM EDT

Hibbett Sports (NASDAQ: HIBB) reported Q1 EPS of $2.74, $0.44 worse than the analyst estimate of $3.18. Revenue for the quarter came in at $455.5 million versus the consensus estimate of $472.52 million.

GUIDANCE:

Hibbett Sports sees FY2024 EPS of $7.70-$7.75, versus prior... More