Hibbett Reports First Quarter Results
Hibbett, Inc. (HIBB)
Last hibbett, inc. earnings: 3/20 06:30 am
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US:NASDAQ Investor Relations:
hibbettsportsinc.gcs-web.com/node/5806
Company Research
Source: Business Wire
Q1 Comparable Sales Increase 4.1% Versus Prior Year; Net Sales Up 7.4% Year-Over-YearQ1 Diluted EPS of $2.74; 10.1% Operating Income MarginUpdates 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 a total sales increase of 7.4% versus last year. We maintain very good relationships with our valued brand partners that enables us to maintain our new store growth plan and provide the product assortment to meet consumer’s narrowed demand. We’re investing in our already best-in-class consumer experience while also taking costs out of the business, producing leverage on SG&A of 140 basis point
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News
- Hibbett, Inc. (NASDAQ: HIBB) had its "hold" rating re-affirmed by analysts at Williams Trading. They now have a $73.00 price target on the stock.MarketBeat
- Hibbett, Inc. (NASDAQ: HIBB) had its price target raised by analysts at B. Riley from $60.00 to $70.00. They now have a "neutral" rating on the stock.MarketBeat
- Hibbett, Inc. (NASDAQ: HIBB) had its price target raised by analysts at Monness Crespi & Hardt from $72.00 to $82.00. They now have a "buy" rating on the stock.MarketBeat
- Hibbett, Inc. (NASDAQ: HIBB) was downgraded by analysts at Telsey Advisory Group from an "outperform" rating to a "market perform" rating. They now have a $74.00 price target on the stock, down previously from $82.00.MarketBeat
- Hibbett Reports Fourth Quarter and Fiscal 2024 ResultsBusiness Wire
HIBB
Earnings
- 3/15/24 - In-Line
HIBB
Sec Filings
- 4/8/24 - Form 4
- 4/1/24 - Form 4
- 4/1/24 - Form 4
- HIBB's page on the SEC website