Hibbett Reports Second Quarter Results

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Hibbett Sports (HIBB) tops 2Q earnings estimates but inflation weighs on discretionary spending

August 25, 2023 9:45 AM EDT

Hibbett Sports (NASDAQ: HIBB) shares surged in early Friday trading after topping earnings expectations for the second quarter.

The sporting goods company reported earnings of $0.85 per share, $0.11 better than the analyst estimate of $0.74. However, revenue for the quarter came in at $374.9 million, below the... More