HIBB stock jumped more than 15% Friday after Hibbett Sports released its fiscal Q1 report, which surpassed expectations.
Here’s what we know.
HIBB Stock Up On Q1 ResultsHibbett Sports (NASDAQ:HIBB), which operates sporting goods stores in the United States and offers athletic equipment, footwear and apparel, posted its fiscal first-quarter report today, May 24, surpassing expectations.
Highlights from the report include net sales jumping 25% Y-O-Y to $343 million, beating expectations of $326.1 million. As for same-store sales, this increased by 5.1%, and net income came in at $1.61 per share ...
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