Hibbett: Fiscal Q1 Earnings Snapshot
National News
Fri, May 26, 2023 5:34 AM
STATS Perform dba Automated Insights
BIRMINGHAM, Ala. (AP) — BIRMINGHAM, Ala. (AP) — Hibbett, Inc. (HIBB) on Friday reported fiscal first-quarter net income of $35.9 million.
On a per-share basis, the Birmingham, Alabama-based company said it had net income of $2.74.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.98 per share.
The sporting goods retailer posted revenue of $455.5 million in the period.
Hibbett expects full-year earnings to be $7 to $7.75 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HIBB at https://www.zacks.com/ap/HIBB
