Hibbett Sports (HIBB) Misses Q1 EPS by 44c; Lowers Outlook
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Hibbett Reports First Quarter Results
May 26, 2023 6:30 AM EDTQ1 Comparable Sales Increase 4.1% Versus Prior Year; Net Sales Up 7.4% Year-Over-Year Q1 Diluted EPS of $2.74; 10.1% Operating Income Margin Updates Full Year Fiscal 2024 Guidance to Reflect A More Cautious Consumer Outlook
BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Hibbett, Inc. (Nasdaq/GS: HIBB), an athletic-inspired fashion retailer, today provided financial results for its first quarter ended April 29, 2023, and business updates.
Mike Longo, President and Chief Executive Officer, stated, Hibbett posted solid sales results in a challenging environment, delivering a 4.1% comparable sales increase and... More
